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Nordic Semiconductor Grants RSUs to Memfault Employees Post-Acquisition

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Nordic Semiconductor Grants RSUs to Memfault Employees Post-Acquisition

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Nordic Semiconductor ASA ( (GB:0FF9) ) just unveiled an update.

Nordic Semiconductor ASA has granted 402,000 Restricted Stock Units (RSUs) to employees of the newly acquired Memfault Inc. as part of retention agreements, following approval from the Annual General Meeting to issue RSUs and Performance Shares up to 1% of the company’s share capital. This move is part of a broader strategy to integrate Memfault Inc. and incentivize its employees, reflecting Nordic Semiconductor’s commitment to expanding its capabilities and maintaining a competitive edge in the semiconductor industry.

The most recent analyst rating on (GB:0FF9) stock is a Buy with a NOK139.00 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 company operating in the semiconductor industry, focusing on the development and production of wireless communication solutions. The company is known for its Bluetooth Low Energy (BLE) technology and other wireless connectivity solutions, catering to a global market with a strong emphasis on innovation and integration in IoT applications.

Average Trading Volume: 745,703

Current Market Cap: NOK27.07B

See more insights into 0FF9 stock on TipRanks’ Stock Analysis page.

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