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Alphawave IP Group ( (GB:AWE) ) has provided an update.
Alphawave IP Group has announced the successful approval of its acquisition by Aqua Acquisition Sub LLC, a subsidiary of Qualcomm Incorporated. The acquisition, which is being executed through a Court-sanctioned scheme of arrangement, received overwhelming support from shareholders at both the Court Meeting and the General Meeting. The acquisition is contingent on regulatory approvals from several countries, including the UK, which has already granted clearance. The scheme is expected to be effective in the first quarter of 2026, pending the satisfaction of remaining conditions.
The most recent analyst rating on (GB:AWE) stock is a Buy with a £190.00 price target. To see the full list of analyst forecasts on Alphawave IP Group stock, see the GB:AWE Stock Forecast page.
Spark’s Take on GB:AWE Stock
According to Spark, TipRanks’ AI Analyst, GB:AWE is a Neutral.
Alphawave IP Group’s stock score reflects a mixed financial performance, offset by positive technical trends and corporate events. Despite valuation concerns due to negative earnings, strategic developments like the Qualcomm acquisition and executive incentives enhance long-term prospects.
To see Spark’s full report on GB:AWE stock, click here.
More about Alphawave IP Group
Alphawave IP Group is a company that operates in the semiconductor industry, focusing on high-speed connectivity solutions. Its primary products and services include semiconductor intellectual property for data centers, networking, and storage markets.
Average Trading Volume: 3,478,188
Technical Sentiment Signal: Buy
Current Market Cap: £1.34B
For a thorough assessment of AWE stock, go to TipRanks’ Stock Analysis page.