Aspen Technology, Inc. ( (AZPN) ) has provided an announcement.
On March 12, 2025, Aspen Technology, Inc. completed a merger that led to the termination of its 2022 Employee Stock Purchase Plan and the automatic termination of a Stockholders Agreement due to the parent company’s full ownership of its securities. As part of the merger, Aspen Technology notified Nasdaq to halt trading of its shares and initiated steps to delist and deregister them, effectively removing the shares from Nasdaq. The merger also resulted in a complete change in the board of directors and officers, with new leadership from the parent company taking over, and amendments to the company’s certificate of incorporation and bylaws.
More about Aspen Technology, Inc.
YTD Price Performance: 5.75%
Average Trading Volume: 707,267
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.73B
For detailed information about AZPN stock, go to TipRanks’ Stock Analysis page.