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ACE Convergence Acquisition Corp. (ACEV)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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10.26+0.01 (+0.10%)
As of 10:09AM EDT. Market open.
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Bullishpattern detected
Double Moving Average Crossover

Double Moving Average Crossover

Previous Close10.25
Bid10.25 x 900
Ask10.27 x 1800
Day's Range10.25 - 10.27
52 Week Range9.63 - 10.27
Avg. Volume27,995
Market Cap99.474M
Beta (5Y Monthly)-0.02
PE Ratio (TTM)3.45
EPS (TTM)2.97
Earnings DateMay 13, 2022
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
-71% Est. Return

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  • Business Wire

    Tempo Automation Hosts Financial Analyst Day

    SAN FRANCISCO, September 20, 2022--Tempo Automation, Inc. ("Tempo Automation"), a leading software-accelerated electronics manufacturer, held a financial analyst day on Wednesday, September 14, 2022. Tempo Automation presented on its long-term strategy and discussed the proposed business combination with ACE Convergence Acquisition Corp. (Nasdaq: ACEV), followed by a live Q&A. Management concluded by reiterating their expectation that the transaction will close in Q4 2022.

  • American City Business Journals

    S.F. tech manufacturer Tempo Automation lays off 54 following collapse of merger talks

    Weeks after its attempted SPAC merger fell apart, one of the Bay Area's largest manufacturers, Tempo Automation Inc., plans to lay off 54 employees at its San Francisco headquarters and production plant. It's unclear if the cuts impact all employees at Tempo's large industrial Design District space, which spans 42,000 square feet at 2450 and 2460 Alameda St. Tempo Automation CEO Joy Weiss and other representatives did not return requests for comment on Tuesday or Wednesday. A spokesperson said Thursday that Tempo has no immediate plans to vacate its facility — which filings with the Securities and Exchange Commission designate as the company's primary office — but declined to comment further beyond confirming the date and number of employees being terminated.

  • GlobeNewswire

    Tempo Automation, Inc. and ACE Convergence Acquisition Corp. Announce Effectiveness of Registration Statement, Date of ACE’s Extraordinary General Meeting to Approve Proposed Business Combination

    Extraordinary General Meeting Scheduled for May 5, 2022Shareholders of Record as of April 13, 2022, are Eligible to Vote at Extraordinary General Meeting SAN FRANCISCO, April 18, 2022 (GLOBE NEWSWIRE) -- ACE Convergence Acquisition Corp. (“ACE”) (Nasdaq: ACEV), a special purpose acquisition company focusing on industrial and enterprise IT, and Tempo Automation, Inc. (“Tempo”), a leading software-accelerated electronics manufacturer, today announced that the registration statement on Form S-4 (th