ACE Convergence Acquisition Corp.

Tempo Automation Holdings, Inc. operates as an electronics manufacturer. It manufactures printed circuit boards, serving the industrial tech, medical technology, and space industries. Its electronics manufacturing platform takes a different approach to deliver quality, speed, and agility using all-digital process automation, data-driven intelligence, and a connected smart factory. The company is headquartered in San Francisco, CA.

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Tempo Automation Holdings, Inc. operates as an electronics manufacturer. It manufactures printed circuit boards, serving the industrial tech, medical technology, and space industries. Its electronics manufacturing platform takes a different approach to deliver quality, speed, and agility using all-digital process automation, data-driven intelligence, and a connected smart factory. The company was founded on November 22, 2022 and is headquartered in San Francisco, CA.

Tempo Automation Holdings Inc

SAN FRANCISCO, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Tempo Automation , Inc., a leading software-accelerated electronics manufacturer, today announced that it completed its business combination with ACE Convergence Acquisition Corp. (“ACE”) (Nasdaq: ACEV), a special purpose acquisition company traded on Nasdaq. ACE's shareholders approved the business combination at an extraordinary general meeting held on November 17, 2022.

ACE Convergence Acquisition Corp. and Tempo Automation, Inc. Announce Closing of Business Combination; Tempo Automation Holdings, Inc. to Trade on Nasdaq Under Ticker Symbols "TMPO" and “TMPOW”

SAN FRANCISCO, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Tempo Automation (“Tempo”), a leading software-accelerated electronics manufacturer, and ACE Convergence Acquisition Corp. (“ACE”) a special purpose acquisition company focusing on industrial and enterprise IT, have entered into a committed equity facility with White Lion Capital, LLC (“White Lion Capital”). Under the terms of the facility, White Lion Capital has committed to purchase up to an aggregate of $100 million in the post-closing combined company's common shares from time to time after the consummation of the previously announced business combination between Tempo and ACE at the request of the post-closing combined company. This facility will provide Tempo with the ability to raise additional capital in the future, subject to certain limitations and conditions.

Tempo Automation Secures Up To $100M in Committed Equity Financing with White Lion Capital

SAN FRANCISCO--(BUSINESS WIRE)--Tempo Automation, Inc. (“Tempo Automation”), a leading software-accelerated electronics manufacturer, held a financial analyst day on Wednesday, September 14, 2022. Tempo Automation presented on its long-term strategy and discussed the proposed business combination with ACE Convergence Acquisition Corp. (Nasdaq: ACEV), followed by a live Q&A. Management concluded by reiterating their expectation that the transaction will close in Q4 2022. The updated investor

Tempo Automation Hosts Financial Analyst Day

Extraordinary General Meeting Scheduled for May 5, 2022 Shareholders of Record as of April 13, 2022, are Eligible to Vote at Extraordinary General Meeting

Tempo Automation, Inc. and ACE Convergence Acquisition Corp. Announce Effectiveness of Registration Statement, Date of ACE's Extraordinary General Meeting to Approve Proposed Business Combination

WILMINGTON, Del.--(BUSINESS WIRE)--ACE Convergence Acquisition Corp. (Nasdaq: ACEV) (“ACE” or the “Company”) encourages its shareholders to vote in favor of (i) the proposal to amend its Amended and Restated Memorandum and Articles of Association and (ii) the proposal to amend the Investment Management Trust Agreement, dated as of July 27, 2020, by and between the Company and Continental Stock Transfer & Trust Company, a New York corporation, as trustee ((i) and (ii) collectively, the “Exte

ACE Convergence Acquisition Corp. Reminds Shareholders to Vote in Favor of Extension Proposals

SAN FRANCISCO--(BUSINESS WIRE)--Tempo Automation, (“Tempo” or the “Company”), a leading software-accelerated electronics manufacturer, and ACE Convergence Acquisition Corp. (“ACE”) (Nasdaq: ACEV), a special purpose acquisition company, announced today that the Company has secured an aggregate principle amount of $200 million from the issuance of 13.00% (per annum payable semi-annually, 8.00% in cash plus 5.00% in kind) Convertible Senior Notes due in 2025 (the “Notes”). The $200 million aggrega

Tempo Automation, Inc. Secures $200 Million Convertible Note Financing Led by Oaktree

SAN FRANCISCO--(BUSINESS WIRE)--ACE Convergence Acquisition Corp. (“ACE”) (Nasdaq: ACEV), a special purpose acquisition company focusing on industrial and enterprise IT, and Tempo Automation, (“Tempo”), a leading software-accelerated electronics manufacturer, announced today that on January 13, 2022, ACE filed a supplement to its proxy statement dated December 15, 2021, wherein ACE announced a proposal to extend the date by which ACE must consummate its initial business combination (the “Extens

ACE Convergence Acquisition Corp. and Tempo Automation, Inc. Announce Additional Funding to Trust

SAN FRANCISCO--(BUSINESS WIRE)--Tempo Automation, Inc. (“Tempo” or the “Company”), a leading software-accelerated electronics manufacturer, today announced that Joy Weiss, Tempo's Chief Executive Officer, and Ryan Benton, the Company's Chief Financial Officer, will participate in the CJS Securities 22nd Annual New Ideas for the New Year Conference on Wednesday, January 12, 2022. Management's presentation will take place at 3:45 P.M. Eastern time that day. Weiss and Benton will be available to c

Tempo Automation to Present at the CJS Securities 22nd Annual New Ideas for the New Year Conference

SAN FRANCISCO, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Tempo Automation, Inc. (“Tempo”), a leading software-accelerated electronics manufacturer, and ACE Convergence Acquisition Corp. (“ACE”) (Nasdaq: ACEV), a special purpose acquisition company focusing on industrial and enterprise IT, today announced that ACE has filed a registration statement on Form S-4 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”). The Registration Statement provides important information about Tempo, ACE and their proposed business combination, but has not yet become effective and is subject to change.

Tempo Automation, Inc. and ACE Convergence Acquisition Corp. Announce Filing of Registration Statement on Form S-4 in connection with their Proposed Business Combination

SAN FRANCISCO--(BUSINESS WIRE)--Tempo Automation, Inc. (“Tempo”), a leading software-accelerated electronics manufacturer, and ACE Convergence Acquisition Corp. (“ACE”) (Nasdaq: ACEV), a special-purpose acquisition company focusing on industrial and enterprise IT, announced today that they have entered into a definitive merger agreement. Upon closing of the transaction, the combined operating entity will be renamed “Tempo Automation Holdings, Inc.” and shares of its common stock are expected to

Tempo Automation Inc., a Leading Software-Accelerated Electronics Manufacturer, Set to Go Public Through Merger with ACE Convergence Acquisition Corp.

SANTA CLARA, Calif., July 12, 2021 /PRNewswire/ -- Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE Convergence Acquisition Corp. (ACE) (Nasdaq: ACEV), a special-purpose acquisition company focused on the Industrial and Information Technology sectors, today announced that both companies have mutually agreed to terminate their merger agreement ("Agreement"), effective immediately.

Achronix And ACE Convergence Acquisition Corp Mutually Agree To Terminate Merger Agreement

SANTA CLARA, Calif.--(BUSINESS WIRE)--Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, today announced that President and CEO, Robert Blake, and CFO, Mark Voll, will participate at the following upcoming virtual conferences: Needham Technology & Media Conference on Tuesday, May 18th. The virtual presentation is scheduled for 11:15 a.m. PT. J.P. Morgan Technology, Media & Communications Conference on Wed

Achronix to Present at Upcoming Investor Conferences

SANTA CLARA, Calif.--(BUSINESS WIRE)--Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, today announced that President and CEO, Robert Blake, and CFO, Mark Voll, will participate in the Oppenheimer 6th Annual Emerging Growth Conference on Wednesday, May 12, 2021, which will be held as a virtual event. Management will be available to meet with investors and analysts throughout the day. Interested parties who woul

Achronix to Participate in Oppenheimer Emerging Growth Conference on May 12, 2021

WILMINGTON, Del.--(BUSINESS WIRE)--ACE Convergence Acquisition Corp. (Nasdaq: ACEV) (“ACE” or the “Company”) is announcing that as a result of recent guidance issued by the Securities and Exchange Commission (the “SEC”) regarding the accounting and reporting of warrants issued by special purpose acquisition companies (the “SEC Statement”), it has restated its previously issued financial statements included in the Form 10-K for the year ended December 31, 2020 (the “Restatement”) to change the a

ACE Convergence Acquisition Corp. Announces Response to Recent SEC Guidance Applicable to Warrants Issued by Special Purpose Acquisition Companies

SANTA CLARA, Calif.--(BUSINESS WIRE)--Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, today announced financial results for the first quarter of 2021, ending March 31, 2021. Financial Highlights: Revenue increased to $29.9 million from $5.5 million in the first quarter of 2020. Gross margin expanded to 78%, compared to 74% in the prior year's quarter. GAAP net income was $8.8 million, or $0.18 per diluted shar

Achronix Announces First Quarter 2021 Financial Results and Business Highlights

SANTA CLARA, Calif., April 27, 2021 /PRNewswire/ -- Achronix Semiconductor Corporation, a leader in high-performance FPGAs and embedded FPGA (eFPGA) IP, and Napatech, the leading provider of FPGA-based SmartNICs, today announced a partnership to deliver a new class of high-speed, programmable, FPGA-based SmartNICs to data center network operators.

Achronix and Napatech Partner to Target Data Center Networking

SANTA CLARA, Calif., April 8, 2021 /PRNewswire/ -- Achronix Semiconductor Corporation, a leader in high-performance FPGAs and embedded FPGA (eFPGA) IP, today announced that it has begun shipping its 7nm Speedster®7t AC7t1500 FPGAs to customers ahead of schedule.

Achronix Now Shipping Industry's Highest Performance Speedster7t FPGA Devices

In January 2021, the Special Purpose Acquisition Corporation (SPAC) ACE Convergence Acquisition Corp. announced intent to acquire Achronix Semiconductor Corp. Since an initial run up, semiconductor supply chain concerns as well as the market rotation from growth to value stocks since have opened a window of opportunity for long positions.

ACEV And Achronix Offer Fairly Priced Upside To The Red Hot Semi Market

SANTA CLARA, Calif., March 9, 2021 /PRNewswire/ -- Achronix announces today that 10 million Speedcore™ eFPGA IP cores have shipped in customers' ASICs.

10 Millionth Achronix Speedcore eFPGA IP Core Shipped

SANTA CLARA, Calif., March 2, 2021 /PRNewswire/ -- Achronix Semiconductor Corporation, a leader in high-performance FPGAs and embedded FPGA (eFPGA) IP, and Mobiveil, a fast–growing technology company specializing in development of silicon intellectual property (SIP), platforms and...

Achronix and Mobiveil Announce Partnership to Deliver High-Speed Controller IP and FPGA Engineering Services

NEW YORK, Feb. 12, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of ACE Convergence Acquisition Corp. - ACEV

WILMINGTON, Del., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law , P.A. announces that it is investigating ACE Convergence Acquisition Corp. (“ACE”) (NASDAQ GS: ACEV) regarding possible breaches of fiduciary duties and other violations of law related to ACE's agreement to merge with Achronix Semiconductor Corporation.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of ACE Convergence Acquisition Corp. Merger

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NEW YORK, Jan. 7, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of ACE Convergence Acquisition Corp. ("ACEV" or the "Company") (NASDAQ: ACEV) in connection with the Company's proposed merger...

SHAREHOLDER ALERT: WeissLaw LLP Investigates ACE Convergence Acquisition Corp.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE Convergence Acquisition Corp. (ACE) (Nasdaq: ACEV), a special-purpose acquisition company, today announced that they have entered into a definitive agreement for a business combination that would result in the combined entity continuing as a publicly listed company. Upon closing of the transaction, the combined operat

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