Mobix Labs Completes $3.80‑per‑Share Cash Acquisition of EMCORE, Ending Nasdaq Trading

TL;DR: Mobix Labs has acquired all outstanding shares of EMCORE Corp for $3.80 per share in cash, completing the deal and triggering EMCORE’s delisting from Nasdaq. The transaction values EMCORE at roughly $210 million based on its current share count.

Context: EMCORE Corp (ticker: EMKR) designs photonics and navigation components for aerospace, defense and broadband markets. Before the deal, Mobix Labs (ticker: MOBX) had offered $3.80 per share in cash, a price that represented a modest premium over EMKR’s recent trading range.

Key Facts: The cash merger will pay EMCORE shareholders $3.80 per share, totaling about $210 million. Following the announcement on May 14, 2026, EMKR shares rose 0.9% to close at $3.78, while MOBX slipped 0.3% to $12.45. EMCORE’s market capitalization stood at approximately $210 million, calculated from its 55.5 million outstanding shares. The agreement removes EMKR from Nasdaq listing, ending its public trading.

What It Means: EMCORE investors receive immediate liquidity at a set price, eliminating exposure to future program‑cycle volatility in aerospace and defense. Mobix Labs gains control of EMCORE’s inertial navigation and fiber‑optic gyroscope product lines, expanding its defense‑sector portfolio. The deal reduces EMCORE’s reporting overhead and may allow Mobix Labs to integrate R&D efforts more efficiently.

Watch for integration updates from Mobix Labs over the next quarters, including any cost‑synergy targets and how the combined entity navigates defense‑budget cycles.