Tempo Automation (“Tempo”), a leading software-accelerated
electronics manufacturer, today announced that Joy Weiss, Tempo’s
Chief Executive Officer, and Ryan Benton, Tempo’s Chief Financial
Officer, will participate in the 34th Annual Roth Conference.
Event
34th Annual Roth Conference
Date
March 15, 2022
Presentation
9:00 AM Pacific Time (12:00 PM Eastern
Time)
Location
Dana Point, CA
This year’s event will consist of one-on-one and small group
meetings, analyst-selected fireside chats, thematic industry
panels, and on-demand presentations by executive management from
approximately 400 private and public companies.
To arrange a one-on-one with Tempo, please email
oneononerequests@roth.com or contact your ROTH sales team contact
to request.
The live audio webcast and replay will be available in the
investor relations section of Tempo’s website at
https://www.tempoautomation.com/investor-relations/.
As previously announced on October 14, 2021, Tempo and ACE
Convergence Acquisition Corp. (“ACE”), along with ACE Convergence
Subsidiary Corp., entered into an Agreement and Plan of Merger (the
“Merger Agreement”) relating to their proposed business
combination. Upon the closing of the transaction, which is subject
to the satisfaction or waiver of the conditions in the Merger
Agreement and other customary closing conditions, the combined
entity will be renamed “Tempo Automation Holdings, Inc.” and shares
of its common stock are expected to trade on The Nasdaq Stock
Market, LLC (“Nasdaq”) under the ticker symbol “TMPO”.
About Tempo
Tempo is a leading software-accelerated electronics
manufacturer, transforming the way top companies innovate and bring
new products to market. Tempo’s unique automated manufacturing
platform optimizes the complex process of printed circuit board
manufacturing to deliver unmatched quality, speed and agility. The
platform’s all-digital process automation, data-driven
intelligence, and connected smart factory create a distinctive
competitive advantage for customers—to deliver tomorrow’s products
today. From rockets to robots, autonomous cars to drones, many of
the fastest-moving companies in industrial tech, medical
technology, space, and other industries partner with Tempo to
accelerate innovation and set a new tempo for progress. Learn more
at tempoautomation.com.
About ACE
ACE Convergence Acquisition Corp. (Nasdaq: ACEV) is a $230
million special purpose acquisition company focusing on industrial
and enterprise IT and semiconductors. For more information, please
visit: http://acev.io/
Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of the federal securities laws with respect to
the proposed business combination (the “Proposed Business
Combination”) between Tempo Automation, Inc. (collectively with its
subsidiaries and pro forma for its acquisition of Compass AC
Holdings, Inc. and Whizz Systems, Inc., “Tempo”), and ACE
Convergence Acquisition Corp. (“ACE”), including statements
regarding the benefits of the Proposed Business Combination, the
anticipated timing of the Proposed Business Combination, the
services offered by Tempo and the markets in which it operates, and
Tempo’s projected future results. These forward-looking statements
generally are identified by the words “believe,” “project,”
“expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,”
“opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,”
“will continue,” “will likely result,” and similar expressions.
Forward-looking statements are predictions, projections and other
statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks
and uncertainties that could cause the actual results to differ
materially from the expected results. Many factors could cause
actual future events to differ materially from the forward-looking
statements in this document, including but not limited to: (i) the
risk that the Proposed Business Combination may not be completed in
a timely manner or at all, which may adversely affect the price of
ACE’s securities, (ii) the risk that the acquisition by Tempo
Automation, Inc. of each of Compass AC Holdings, Inc. and Whizz
Systems, Inc. may not be completed in a timely manner or at all,
(iii) the risk that the Proposed Business Combination may not be
completed by ACE’s business combination deadline and the potential
failure to obtain an extension of the business combination deadline
if sought by ACE, (iv) the failure to satisfy the conditions to the
consummation of the Proposed Business Combination, including the
receipt of the requisite approvals of ACE’s shareholders and
Tempo’s stockholders, respectively, the satisfaction of the minimum
trust account amount following redemptions by ACE’s public
shareholders and the receipt of certain governmental and regulatory
approvals, (v) the lack of a third party valuation in determining
whether or not to pursue the Proposed Business Combination, (vi)
the occurrence of any event, change or other circumstance that
could give rise to the termination of the agreement and plan of
merger, (vii) the effect of the announcement or pendency of the
Proposed Business Combination on Tempo’s business relationships,
performance, and business generally, (viii) risks that the Proposed
Business Combination disrupts current plans of Tempo and potential
difficulties in Tempo employee retention as a result of the
Proposed Business Combination, (ix) the outcome of any legal
proceedings that may be instituted against Tempo or against ACE
related to the agreement and plan of merger or the Proposed
Business Combination, (x) the ability to maintain the listing of
ACE’s securities on The Nasdaq Stock Market LLC, (xi) the price of
ACE’s securities may be volatile due to a variety of factors,
including changes in the competitive and highly regulated
industries in which Tempo plans to operate, variations in
performance across competitors, changes in laws and regulations
affecting Tempo’s business and changes in the combined capital
structure, (xii) the ability to implement business plans,
forecasts, and other expectations after the completion of the
Proposed Business Combination, and identify and realize additional
opportunities, (xiii) the risk of downturns in the highly
competitive industry in which Tempo operates, (xiv) the impact of
the global COVID-19 pandemic, (xv) the enforceability of Tempo’s
intellectual property, including its patents, and the potential
infringement on the intellectual property rights of others, cyber
security risks or potential breaches of data security, (xvi) the
ability of Tempo to protect the intellectual property and
confidential information of its customers, (xvii) the risk of
downturns in the highly competitive additive manufacturing
industry, and (xviii) other risks and uncertainties described in
ACE’s registration statement on Form S-1 (File No. 333-239716),
which was originally filed with the U.S. Securities and Exchange
Commission (the “SEC”) on July 6, 2020 (as amended, the “Form
S-1”), and Annual Report on Form 10-K for the fiscal year ended
December 31, 2020, filed with the SEC on March 17, 2021, and
subsequently amended on May 6, 2021, and on December 13, 2021 (the
“Form 10-K”), and its subsequent Quarterly Reports on Form 10-Q.
The foregoing list of factors is not exhaustive. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as, and must not be relied on by
investors as, a guarantee, an assurance, a prediction or a
definitive statement of fact or probability. You should carefully
consider the foregoing factors and the other risks and
uncertainties described in the “Risk Factors” section of the Form
S-1, the Form 10-K, Quarterly Reports on Form 10-Q, the
Registration Statement (as defined below), the proxy
statement/prospectus contained therein, and the other documents
filed by ACE from time to time with the SEC. These filings identify
and address other important risks and uncertainties that could
cause actual events and results to differ materially from those
contained in the forward-looking statements. These risks and
uncertainties may be amplified by the COVID-19 pandemic, which has
caused significant economic uncertainty. Forward-looking statements
speak only as of the date they are made. Readers are cautioned not
to put undue reliance on forward-looking statements, and Tempo and
ACE assume no obligation and do not intend to update or revise
these forward-looking statements, whether as a result of new
information, future events, or otherwise, except as required by
securities and other applicable laws. Neither Tempo nor ACE gives
any assurance that either Tempo or ACE, respectively, will achieve
its expectations.
Additional Information and Where to Find It
ACE has filed a registration statement on Form S-4/A (the
“Registration Statement”) with the SEC, which includes a
preliminary proxy statement/prospectus of ACE, and certain related
documents, to be used at the meeting of its shareholders to approve
the Proposed Business Combination and related matters. After the
Registration Statement has been filed and declared effective, ACE
will mail a definitive proxy statement, when available, to its
shareholders. The Registration Statement includes information
regarding the persons who may, under SEC rules, be deemed
participants in the solicitation of proxies to ACE’s shareholders
in connection with the Potential Business Combination. ACE may also
file other documents regarding the Proposed Business Combination
with the SEC. Before making any voting decision, investors and
security holders of ACE and Tempo are urged to read the
Registration Statement, the proxy statement/prospectus contained
therein, and all other relevant documents filed or that will be
filed with the SEC in connection with the Proposed Business
Combination as they become available because they will contain
important information about the Proposed Business Combination.
Investors and security holders will be able to obtain free
copies of the proxy statement/prospectus and all other relevant
documents filed or that will be filed with the SEC by ACE through
the website maintained by the SEC at www.sec.gov. In addition, the
documents filed by ACE may be obtained free of charge from ACE’s
website at http://acev.io/ or by written request to ACE at ACE
Convergence Acquisition Corp., 1013 Centre Road, Suite 403S,
Wilmington, DE 19805.
Participants In the Solicitation
ACE and Tempo and their respective directors and officers may be
deemed to be participants in the solicitation of proxies from ACE’s
shareholders in connection with the Proposed Business Combination.
Information about ACE’s directors and executive officers and their
ownership of ACE’s securities is set forth in ACE’s filings with
the SEC, including the Form 10-K. To the extent that holdings of
ACE’s securities have changed since the amounts printed in the Form
10-K, such changes have been or will be reflected on Statements of
Changes in Beneficial Ownership on Form 4 filed with the SEC.
Additional information regarding the interests of those persons and
other persons who may be deemed participants in the Proposed
Business Combination may be obtained by reading the proxy
statement/prospectus regarding the Proposed Business Combination.
You may obtain free copies of these documents as described in the
preceding paragraph.
Non-Solicitation
This press release shall not constitute a proxy statement or
solicitation of a proxy, consent or authorization with respect to
any securities or in respect of the Proposed Business Combination.
This press release shall also not constitute an offer to sell or a
solicitation of an offer to buy any securities of ACE, the combined
company or Tempo, nor shall there be any sale of securities in any
state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. No offering of
securities shall be made except by means of a prospectus meeting
the requirements of Section 10 of the Securities Act of 1933, as
amended.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220310005338/en/
Investor Relations Contacts: ir@tempoautomation.com Mark Roberts
Mark@blueshirtgroup.com
Grafico Azioni ACE Convergence Acquisit... (NASDAQ:ACEV)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni ACE Convergence Acquisit... (NASDAQ:ACEV)
Storico
Da Giu 2023 a Giu 2024