The transaction is expected to close in mid-2016, pending the receipt of customary regulatory approvals. In addition, the transaction is subject to customary closing conditions, including the approval by Cascade's stockholders of the merger. Company, Management and Board of Directors The combined company will use the name FormFactor, Inc., and continue to trade on the Nasdaq Global Select Market(SM) under the symbol "FORM." Mike Slessor, FormFactor's current Chief Executive Officer will lead the combined company and Tom St. Dennis, FormFactor's Chairman, will continue in that role. FormFactor anticipates adding one new board member from Cascade's existing board after the closing. Both companies announced results for the fiscal fourth quarter 2015 concurrently with this announcement in separate press releases.