Superconductor Technologies Inc: After financial meltdown, Austin's Superconductor Technologies reattempts merger with Clearday

Clearday's first attempt at a merger with Austin's Superconductor Technologies Inc. was thwarted by the pandemic. Now, some 14 months later, the San Antonio company is taking another swing. Allied Integral United Inc., a privately held entity that operates as Clearday, has entered into an updated merger agreement with Superconductor Technologies, or STI, which has a decades-long history of making products with superconducting materials but has seen its financial picture sour in recent years. "We...