Stock report · Delisted · NASDAQ
Spectrum Control, Inc. (SPEC)
Delisted Delisted – acquisition · last traded June 1, 2011
SPEC no longer trades. Spectrum Control was acquired by API Technologies on June 1, 2011 for $20.00 per share in cash. The SPEC symbol was later used by Spectaire Holdings, which was delisted from Nasdaq in August 2024.
See the ATNY stock page for the acquirer (ATNY).
Delisting details
- Exchange (former)
- NASDAQ
- Status
- Delisted – acquisition
- Last trading day
- June 1, 2011
- Reason
- Acquired by API Technologies for $20.00 per share in cash
- Consideration
- $20.00 per share in cash
- Successor
- API Technologies Corp. (later taken private)
- Sector
- Technology
- Industry
- Electronic Components
- Headquarters
- Fairview, Pennsylvania
About Spectrum Control, Inc.
Spectrum Control designed and manufactured electronic components and systems that control electromagnetic interference, condition power and process signals. Its products included EMI filters, microwave components, power management systems and sensors. Most of its sales went to military and aerospace contractors, with the rest to industrial, communications and medical equipment makers.
The company was based in northwestern Pennsylvania, near Erie, and traded on the Nasdaq Global Select Market under the symbol SPEC. It grew over several decades by developing custom, high-reliability components and by acquiring smaller specialty manufacturers. Defense programs such as radar, communications and electronic warfare systems were important end markets.
In early 2011 Spectrum Control agreed to be acquired by API Technologies, a defense electronics company. API offered $20.00 per share in cash, and the deal closed on June 1, 2011, after which Spectrum's shares were removed from Nasdaq. Spectrum became a major part of API Technologies, which was itself taken private by J.F. Lehman & Company in 2016.
The SPEC symbol was later reused by Spectaire Holdings Inc., a maker of air quality monitoring equipment that listed on Nasdaq after a SPAC merger in 2023. Nasdaq delisted Spectaire in August 2024 and its shares moved to the over-the-counter market under the same symbol.
Spectrum Control FAQ
What happened to Spectrum Control stock?
Spectrum Control was acquired by API Technologies on June 1, 2011 for $20.00 per share in cash. The SPEC symbol was later used by Spectaire Holdings, which was delisted from Nasdaq in August 2024.
Can I still buy SPEC stock?
No. SPEC is no longer listed on NASDAQ or any other U.S. exchange.
What did Spectrum Control shareholders receive?
Shareholders received $20.00 per share in cash from API Technologies.
SPEC no longer trades, so there is no live quote or chart. The information on this page is for reference only and is not investment advice; see our disclaimer.