Emcore files $50 million shelf registration for convertibles

By Devika Patel

Knoxville, Tenn., July 6 - Emcore Corp. filed a $50 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, preferred stock, common stock, warrants and units.

The securities may be structured as convertibles.

Proceeds will be used for debt repayment, acquisitions, capital expenditures, debt redemption and working capital and general corporate purposes.

Emcore is a Somerset, N.J.-based maker of compound semiconductor-based products.

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