---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-061652"
form_type: "8-K"
ticker: null
cik: "0001046995"
company_name: "EMAGIN CORP"
filed_at: "2023-05-17T23:59:59+00:00"
generated_at: "2026-06-14T22:06:24.419051+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# eMagin to be acquired by Samsung Display for $2.08 per share in cash

## Summary
- Merger consideration: $2.08 per share in cash; stockholder approval required; expected to close in H2 2023 subject to conditions.
- Support agreement: holders of ~98% of Series B preferred stock (21% voting power) commit to vote in favor.
- Loan agreement: Samsung Display provides eMagin up to $13M in secured loans to fund operations until close.
- Termination fee: eMagin pays $9M if it accepts a superior proposal.
- Certificate of amendment for Series B preferred to receive merger consideration instead of conversion.

## SEC filing metadata
- accession: 0001104659-23-061652
- form_type: 8-K
- cik: 0001046995
- company_name: EMAGIN CORP
- filed_at: 2023-05-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046995/000110465923061652/0001104659-23-061652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046995/000110465923061652/tm2315987d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-061652
- JSON: https://secwatch.observer/filing/0001104659-23-061652.json
- Plain text: https://secwatch.observer/filing/0001104659-23-061652.txt

## Key facts
- Governance Changes
  EMAGIN CORP: Amended Certificate of Designations for Series B Convertible Preferred Stock to provide for cash payment upon merger and automatic cancellation after the Effective Time (effective 2023-05-17).
  - Change: charter amendment
  - Effective: 2023-05-17
  source text: Effective May 17, 2023, the Board approved and adopted the Certificate of Amendment to the Certificate of Designations of Series B Convertible Preferred Stock of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046995/000110465923061652/0001104659-23-061652-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.