Letter of transmittal

Monster Beverage Corporation Waives Financing Condition for Modified Dutch Auction Tender Offer to Purchase Up to $3.0 Billion of Its Outstanding Common Stock

Retrieved on:

Giovedì, Maggio 30, 2024

Security (finance), Monster Beverage, Monster, Term loan, Letter of transmittal, Form 10-K, Trustee, Beast, Letter, Sale, Energy, MNST, Annual report, RCF, Schlosberg, Knowledge, J.P. Morgan & Co., Monster Tour

Monster intends to borrow an aggregate of $750.0 million under the credit agreement, and expects to use $2.25 billion in cash on hand, to consummate the tender offer.

Key Points:

Monster intends to borrow an aggregate of $750.0 million under the credit agreement, and expects to use $2.25 billion in cash on hand, to consummate the tender offer.
Because Monster expects to use less than $1.0 billion in debt financing to consummate the tender offer, Monster waives the Financing Condition and the tender offer is no longer subject to the Financing Condition.
Shareholders should read these materials carefully because they contain important information, including the terms and conditions of the tender offer.
Monster’s actual results could differ materially from those contained in the forward-looking statements, including with respect to the tender offer.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer

Retrieved on:

Mercoledì, Maggio 15, 2024

Banking, Other Professional Services, Professional Services, Finance, Security (finance), Bank, BK, Letter of transmittal, Fund, BNY Mellon, Letter, BNY Mellon Investment Management, Tender, Georgeson, Newsroom, Tender offer

The terms and conditions of the Tender Offer were set forth in the Fund's Offer to Purchase, the related Letter of Transmittal and other related documents.

Key Points:

The terms and conditions of the Tender Offer were set forth in the Fund's Offer to Purchase, the related Letter of Transmittal and other related documents.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company.
BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
BNY Mellon Investment Management is a division of BNY Mellon, which has $48.8 trillion in assets under custody and/or administration as of March 31, 2024.

Monster Beverage Corporation Commences Modified Dutch Auction Tender Offer to Purchase Up to $3.0 Billion of Its Outstanding Common Stock

Retrieved on:

Mercoledì, Maggio 8, 2024

Sale, Monster Tour, Energy, J.P. Morgan & Co., Beast, Monster, Letter of transmittal, RCF, Monster Beverage, MNST, Hand, Security (finance), Knowledge, Letter, Form 10-K, Term loan, Annual report

If the Financing Condition is not satisfied and Monster does not waive the Financing Condition, Monster may amend, terminate or extend the tender offer.

Key Points:

If the Financing Condition is not satisfied and Monster does not waive the Financing Condition, Monster may amend, terminate or extend the tender offer.
Alternatively, Monster shareholders may tender shares without specifying a purchase price, in which case their shares will be purchased at the purchase price determined in accordance with the tender offer.
The Offer to Purchase, the related Letter of Transmittal and the other tender offer materials will be sent to Monster shareholders shortly after commencement of the tender offer.
Monster’s actual results could differ materially from those contained in the forward-looking statements, including with respect to the tender offer.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Dates of Quarterly Tender Offer

Retrieved on:

Mercoledì, Aprile 10, 2024

Banking, Professional Services, Finance, BNY Mellon, BK, Letter of transmittal, BNY Mellon Investment Management, Security (finance), Newsroom, Bank, Letter, Tender offer, Tender

Shareholders should read these documents and related exhibits carefully as the documents contain important information about the Fund's Tender Offer.

Key Points:

Shareholders should read these documents and related exhibits carefully as the documents contain important information about the Fund's Tender Offer.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company.
BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer

Retrieved on:

Mercoledì, Febbraio 14, 2024

Asset Management, Professional Services, Finance, BNY Mellon Investment Management, Letter, Bank, BNY Mellon, Newsroom, Georgeson, Letter of transmittal, Tender offer, Fund, Security (finance), Tender, BK

The terms and conditions of the Tender Offer were set forth in the Fund's Offer to Purchase, the related Letter of Transmittal and other related documents.

Key Points:

The terms and conditions of the Tender Offer were set forth in the Fund's Offer to Purchase, the related Letter of Transmittal and other related documents.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company.
BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.

Osprey Bitcoin Trust Announces Termination of Tender Offer

Retrieved on:

Martedì, Febbraio 6, 2024

Finance, Cryptocurrency, Professional Services, Digital Cash Management, Digital Assets, Technology, Sponsor, Security (finance), OTCQX, Letter of transmittal, Unit, NAV, Expiration, Letter, Judgement

Osprey Bitcoin Trust (OTCQX: OBTC), a Delaware statutory trust (“Osprey” or the “Trust”), announced today that it has terminated the previously announced offer to purchase for cash via tender offer (the “Offer”) up to 20% or 1,668,107 outstanding common units of fractional undivided beneficial interest (the “Units”) at a purchase price equal to their net asset value (“NAV”), less any applicable withholding taxes and fees payable to Osprey Funds, LLC, the sponsor of the Trust (the “Sponsor”).

Key Points:

Osprey Bitcoin Trust (OTCQX: OBTC), a Delaware statutory trust (“Osprey” or the “Trust”), announced today that it has terminated the previously announced offer to purchase for cash via tender offer (the “Offer”) up to 20% or 1,668,107 outstanding common units of fractional undivided beneficial interest (the “Units”) at a purchase price equal to their net asset value (“NAV”), less any applicable withholding taxes and fees payable to Osprey Funds, LLC, the sponsor of the Trust (the “Sponsor”).
Capitalized terms used and not otherwise defined shall have the meanings assigned to such terms in the Offer to Purchase.
“We are disappointed to terminate the tender offer and puzzled by the regulatory stance here.
“We will continue to evaluate the best course of action for the Trust going forward with unitholders’ best interests in mind.”

Credit Acceptance Announces Closing of $600.0 Million Senior Notes Offering and Completion of Tender Offer for Senior Notes Due 2024

Retrieved on:

Martedì, Dicembre 19, 2023

Credit Acceptance, Sale, Letter, Person, National Association, Risk, Letter of transmittal, WalletHub, Trustee, Security (finance), Annual report

The Company also announced today the completion of its previously announced cash tender offer (the “Offer”) for any and all of its 5.125% senior notes due 2024 (the “2024 notes”), which expired at 5:00 p.m., New York City time, on December 14, 2023 (the “Expiration Time”).

Key Points:

The Company also announced today the completion of its previously announced cash tender offer (the “Offer”) for any and all of its 5.125% senior notes due 2024 (the “2024 notes”), which expired at 5:00 p.m., New York City time, on December 14, 2023 (the “Expiration Time”).
The Company today accepted for purchase and paid for all the 2024 notes validly tendered in the Offer and not validly withdrawn at or before the Expiration Time.
The Company further announced today that it will redeem all of the 2024 notes that were not purchased in, and remain outstanding following the completion of, the Offer, in accordance with the indenture governing the 2024 notes (the “2024 notes indenture”).
Such 2024 notes will be redeemed on the Redemption Date at a redemption price equal to 100.000% of the principal amount thereof.

Credit Acceptance Corporation Announces Expiration and Results of Tender Offer For Any and All of Its $400,000,000 Aggregate Principal Amount of 5.125% Senior Notes Due 2024

Retrieved on:

Venerdì, Dicembre 15, 2023

Telephone, Credit Acceptance, Letter, Settlement date, CUSIP, Risk, Letter of transmittal, Wells Fargo, Debt-to-GDP ratio, WalletHub, Security (finance), Annual report

According to information provided by Global Bondholder Services Corporation, the tender agent and the information agent for the Offer, Notes in an aggregate principal amount of $322,270,000 were validly tendered and not validly withdrawn at or before the Expiration Time.

Key Points:

According to information provided by Global Bondholder Services Corporation, the tender agent and the information agent for the Offer, Notes in an aggregate principal amount of $322,270,000 were validly tendered and not validly withdrawn at or before the Expiration Time.
Holders who validly tendered (and did not validly withdraw) their Notes at or before the Expiration Time will receive $1,000 for each $1,000 principal amount of Notes accepted by us for purchase in the Offer.
This announcement is not an offer to purchase or a solicitation of an offer to sell any securities.
The Offer was made solely by means of the Offer to Purchase and the related Letter of Transmittal.

Perfect Corp. Announces Commencement of Self Tender Offer to Purchase up to 16,129,032 Class A Ordinary Shares for an Aggregate Purchase Price of up to $50,000,000

Retrieved on:

Lunedì, Novembre 27, 2023

Unless the context otherwise requires, all references to shares herein shall refer to the Class A Ordinary Shares of the Company.

Key Points:

Unless the context otherwise requires, all references to shares herein shall refer to the Class A Ordinary Shares of the Company.
The tender offer is not conditioned upon any minimum number of shares being tendered; however, the tender offer is subject to a number of other terms and conditions.
Each shareholder must make its own decisions as to whether to tender its shares, and, if so, how many shares to tender.
Shareholders are urged to read these materials carefully prior to making any decision with respect to the tender offer.

OneSpan Inc. Commences a Modified “Dutch Auction” Tender Offer to Repurchase approximately $20 Million of its Common Stock

Retrieved on:

Lunedì, Novembre 13, 2023

Software, Payments, Finance, Data Management, Professional Services, Technology, Fintech, Security, Tender offer, Common stock, Share repurchase, Letter, Hand, Letter of transmittal, Communication, Tender, Cryptocurrency, Security (finance), Money transmitter

The repurchase of Common Stock in the Tender Offer is being made pursuant to the 2022 Stock Repurchase Program.

Key Points:

The repurchase of Common Stock in the Tender Offer is being made pursuant to the 2022 Stock Repurchase Program.
If the Tender Offer is fully subscribed, the Company will purchase between approximately 1.8 million shares and 2.1 million shares, or between 4.6% and 5.3%, respectively, of the Company’s currently outstanding Common Stock.
If shares having an aggregate purchase price of more than $20 million are properly tendered in the Tender Offer and not properly withdrawn, the Company reserves the right to accept for purchase pursuant to the Tender Offer up to an additional 2% of its outstanding Common Stock without extending the expiration date of the Tender Offer.
The information in this press release describing the Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of Common Stock in the Tender Offer.