The Technology and Public M&A teams advised longtime Goodwin client eMagin Corporation (NYSE American: EMAN) on the completion of its acquisition by Samsung Display Co., Ltd. for $2.08 per share in an all-cash transaction valued at approximately $218 million. With the completion of the transaction, shares of eMagin common stock have ceased trading and, once the delisting application becomes effective with the Securities and Exchange Commission, will no longer be listed on the NYSE American exchange.
eMagin is the leader in OLED microdisplay technology, enabling the visualization of digital information and imagery for world-class customers in the military, consumer, medical and industrial markets.
The Goodwin team was led by Jocelyn Arel and Mike Patrone, and included Will Wang, Achal Oza, Liza Craig, Alex Denniston, Paul Jin, Alice Choi, Will Stanton, Jason Yeoun, Lauren Paylor, and Tiffany Williamson.
For additional details on the closing, please read the press release.