E.Merge Technology Acquisition Corp. (NASDAQ:ETAC) (the “Company”) announced today that, due to its inability to consummate an initial business combination within the time period required by its Second Amended and Restated Certificate of Incorporation, as amended (the “Amended Charter”), the Company intends to dissolve and liquidate in accordance with the provisions of its Amended Charter, effective as of the close of business on September 4, 2022, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”), at a per-share redemption price of approximately $10.06.
Legett & Platt Lowers FY23 Guidance EPS $1.45-$1.65 Vs $1.63 Est.; Revenue $4.75B-$4.95B Vs $4.94B Est.
2023 GUIDANCE
Full year 2023 sales and EPS guidance lowered
Sales are expected to be $4.75–$4.95 billion, -4% to -8% versus 2022
Volume at the midpoint expected