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An update from Nordic Semiconductor ASA ( (GB:0FF9) ) is now available.
Nordic Semiconductor ASA has completed the share-based portion of its acquisition of Mobile Semiconductor Inc., originally announced in 2022 and closed in 2023. Of the 312,843 shares issued as consideration, 94,495 were initially withheld under conditions lasting up to three years, with a portion already released in 2024.
The company has now transferred the final 69,520 shares to eligible former Mobile Semiconductor shareholders after all remaining conditions were met. With this transfer, Nordic confirms that all equity-based elements of the deal are fully settled, removing residual transaction overhang and providing clarity for both investors and stakeholders involved in the acquisition.
The most recent analyst rating on (GB:0FF9) stock is a Hold with a NOK130.00 price target. To see the full list of analyst forecasts on Nordic Semiconductor ASA stock, see the GB:0FF9 Stock Forecast page.
More about Nordic Semiconductor ASA
Nordic Semiconductor ASA is a Norwegian technology company focused on designing and supplying low-power wireless communication solutions for applications such as the Internet of Things. Listed on the Oslo Stock Exchange under the ticker NOD, the company uses acquisitions to enhance its semiconductor design capabilities and broaden its product portfolio in competitive global markets.
Average Trading Volume: 1,151,362
Current Market Cap: NOK31.78B
See more data about 0FF9 stock on TipRanks’ Stock Analysis page.