ACE Convergence (ACEV) and Achronix Announce Termination of Agreement

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ACE Convergence (ACEV) and Achronix Announce Termination of Agreement

Jul 12, 2021 INTEL by Kristi Marvin

ACE Convergence Acquisition Corp. (Nasdaq: ACEV), announced this morning that they have mutually terminated their merger agreement with Achronix Semiconductor Corporation, but will continue to seek an alternative business combination. The reason given was that, “The parties believe that they will not be able to complete the transaction by the July 15, 2021 deadline or some
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