Search:
   

Monday, September 10, 2018

Equity Corporate Actions Alert #2018 - 151
(UPDATED) Information Regarding the Merger of Echelon Corporation (ELON) and Adesto Technologies Corporation (IOTS)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

Shareholders of Echelon Corporation (ELON) met on Thursday, September 13, 2018 to consider the proposed merger of the company with and into Circuit Acquisition Corporation, a Delaware corporation and a wholly owned subsidiary of Adesto Technologies Corporation (IOTS). The merger was approved and became effective today, Friday, September 14, 2018. The details are as follows:

Company: Echelon Corporation
Issue: Common Stock
CUSIP#: 27874N303
Symbol: ELON
Marketplace Effective Date for Suspension: Monday, September 17, 2018
Merger Consideration: $8.50 in cash per share held.

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile