Faro Technologies INC

FARO Technologies, Inc. filed an amendment to its 8-K report to correct a typographical error in the First Supplemental Indenture, clarifying the cash amount convertible note holders are entitled to receive following the merger with AMETEK.

AMETEK, Inc. has finalized its acquisition of FARO Technologies, Inc. for $44.00 per share in cash, leading to FARO's delisting from Nasdaq.

FARO Technologies, Inc. shareholders have overwhelmingly approved the proposed acquisition by AMETEK, Inc. for $44 per share in cash, moving the transaction closer to its expected close in the second half of 2025.

FARO Technologies, Inc. filed an 8-K to provide supplemental disclosures to its proxy statement and address shareholder litigation challenging the proposed merger with AMETEK, Inc., while also announcing key antitrust clearances.

FARO Technologies successfully held its 2025 Annual Meeting of Shareholders, electing directors, ratifying the accounting firm, approving executive compensation, and amending the equity incentive plan.

FARO Technologies has entered into a definitive agreement to be acquired by AMETEK, Inc. for $44.00 per share in cash.

FARO Technologies reports a net income of $0.9 million for Q1 2025, a significant improvement compared to the $7.3 million net loss in Q1 2024, driven by restructuring and improved gross margins.

FARO Technologies experienced a decrease in revenue but improved gross margins in the third quarter of 2024, alongside ongoing restructuring efforts.

FARO Technologies saw a decrease in revenue but a significant improvement in gross margins during the second quarter of 2024, driven by cost-saving measures and favorable product mix.

FARO Technologies saw a reduced net loss in the first quarter of 2024, driven by improved gross margins and cost reductions from restructuring initiatives.

FARO Technologies reports a decrease in sales for fiscal year 2024, but improves gross profit and implements restructuring plans to streamline operations and enhance profitability.

FARO Technologies' 2023 annual report details a year of strategic shifts, including restructuring and integration efforts, alongside financial results impacted by these changes.

FARO Technologies Director Yuval Wasserman has disposed of all common stock and deferred stock units, totaling 159,801 shares, as a result of the company's merger with a subsidiary of AMETEK, Inc., with shareholders receiving $44.00 per share in cash.

FARO Technologies Director Jeroen van Rotterdam disposed of 43,920 shares of common stock at $44.00 per share on July 21, 2025, as part of the company's merger with AMETEK, Inc.

FARO Technologies Director Rajani Ramanathan disposed of 29,304 shares of common stock and restricted stock units at $44.00 per share in cash, effective July 21, 2025, as a result of the company's merger with a wholly owned subsidiary of AMETEK, Inc.

FARO Technologies' President and CEO, Peter J. Lau, disposed of all his common stock and performance share units for $44.00 per share/unit in connection with the company's merger with AMETEK, Inc.

FARO Technologies' SVP & Chief Financial Officer, Matthew Horwath, disposed of all his common stock and restricted stock units for $44.00 per share in cash following the company's merger with a subsidiary of AMETEK, Inc.

A director of FARO Technologies, John Donofrio, has disposed of all his common stock and restricted stock units as the company's merger with a subsidiary of AMETEK, Inc. officially concluded, converting shares into cash at $44.00 each.

FARO Technologies, Inc. has filed supplemental disclosures to its definitive proxy statement to address shareholder litigation and facilitate the proposed all-cash merger with AMETEK, Inc. at $44.00 per share.

FARO Technologies, Inc. shareholders are set to receive $44.00 per share in cash as AMETEK, Inc. moves to acquire the 3D measurement and imaging solutions provider, representing a significant premium over recent trading prices.

FARO Technologies enters into a definitive agreement to be acquired by AMETEK, Inc. for $44.00 per share in cash.

FARO Technologies plans to be acquired by AMETEK, a leading global provider of industrial technology solutions, with no immediate planned changes to roles, reporting lines, or locations.

AMETEK, Inc. will acquire FARO Technologies for $44 per share in cash, valuing the company at approximately $920 million, representing a 40% premium to FARO's closing price on May 5, 2025.

FARO Technologies is asking shareholders to approve an amendment to its 2022 Equity Incentive Plan to increase the number of shares reserved for issuance by 1,500,000.

Magnetar Financial LLC and its affiliates have reported the complete conversion of their 1,483,329 shares of Faro Technologies Inc. Class A Common Stock into cash at $44.00 per share, following the consummation of a merger on July 22, 2025.

Investment firm Magnetar Financial and its affiliates have disclosed a 7.08% beneficial ownership stake in Faro Technologies, Inc., acquired primarily to capitalize on the announced merger with AMETEK, Inc. at $44.00 per share.

Royce & Associates LP has filed an amended Schedule 13G, reporting a 0% beneficial ownership stake in FARO Technologies, Inc. as of June 30, 2025.

Divisar Capital Management LLC and Steven Baughman have reported a passive beneficial ownership of 4.9% of FARO Technologies Inc.'s common stock as of March 31, 2025.

T. Rowe Price Investment Management, Inc. has filed a Schedule 13G, revealing a 7.6% beneficial ownership stake in FARO Technologies Inc.'s common stock as of March 31, 2025.

Royce & Associates LP has disclosed a 5.55% passive beneficial ownership stake in FARO Technologies, Inc. as of March 31, 2025, as detailed in an amended Schedule 13G filing.

BlackRock, Inc. has filed an Amendment No. 7 to Schedule 13G, disclosing a 7.8% beneficial ownership stake in FARO Technologies Inc. as of March 31, 2025.

Divisar Capital Management LLC, along with its affiliate Divisar Partners QP, L.P., and CEO Steven Baughman, have disclosed a combined beneficial ownership of 7.3% in FARO Technologies Inc.'s common stock as of December 31, 2024.