Achronix and ACE Convergence terminate merger agreement

Achronix Semiconductor Corporation and ACE Convergence Acquisition Corp have mutually agreed to terminate their merger agreement, effective immediately, due to inability to complete the transaction by the deadline.

“Despite our best efforts to finalize this transaction, we ultimately concluded that going our separate ways was the best path forward for Achronix, ACE and all of our stakeholders.”prnewswire.com

• 1 source
• prnewswire.comAchronix And ACE Convergence Acquisition Corp Mutually Agree To Terminate Merger AgreementAchronixJul 12, 2021

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