Axcelis Shareholders Approve Merger With Veeco
Deal moves forward as companies await final regulatory approval and target completion in 2026
Axcelis Technologies, Inc. (Nasdaq: ACLS) ("Axcelis") announced that its stockholders have voted to approve all proposals related to the Company's pending merger (the "Merger") with Veeco Instruments Inc. (Nasdaq: VECO) at its Special Meeting of Stockholders ("Special Meeting").
The final voting results of the Special Meeting will be reported in a Form 8-K filed by Axcelis with the U.S. Securities and Exchange Commission.
The completion of the Merger remains subject to other customary closing conditions, including the final pending regulatory approval from the State Administration for Market Regulation of the People's Republic of China.
Axcelis and Veeco continue to expect that the Merger will be completed in the second half of 2026.
