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XP Power – argues “indicative proposal fundamentally undervalues the company and its prospects”. Er, does it?! And what about that November bailout equity raise?…

By Steve Moore | Tuesday 21 May 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Advanced Energy Industries, Inc. (Nasdaq - AEIS) has issued a “Statement re Possible Offer” for XP Power (XPP) announcement, stating that it, “given the lack of engagement from the board of XP Power… believes that XP Power's shareholders should be made aware of the latest proposal, which represents a compelling and highly attractive opportunity particularly in light of the November 6, 2023 Fundraising and February 16, 2024 Trading Update”. How compelling and attractive does this possible offer move look then for XP Power’s shareholders?
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