Exchange offer

Exela Technologies, Inc. Announces Elimination of Early Tender Time and Initial Settlement Date

Retrieved on:

金曜日, 6月 30, 2023

Communication, Note, Consent, News & Notes, Risk, Exchange, Person, Old, Annual report, Exela Technologies, Exchange offer, Regulation, Solicitation, Cryptocurrency, Security (finance)

The Company expects the Final Settlement Date for the Exchange Offer to occur promptly after the Expiration Time.

Key Points:

The Company expects the Final Settlement Date for the Exchange Offer to occur promptly after the Expiration Time.
The deadline to validly withdraw tenders of the Old Notes was also extended to 11:59 p.m., New York City time, on July 7, 2023.
Documents relating to the Exchange Offer and the Consent Solicitation are available to certain holders of the Old Notes.
These forward-looking statements should not be relied upon as representing Exela's assessments as of any date subsequent to the date of this press release.

The New Home Company Inc. Announces Expiration and Final Results of the Exchange Offer and Consent Solicitation

Retrieved on:

金曜日, 6月 30, 2023

Eligible Holders who validly tender their Existing Notes after the Early Tender Date will not be eligible to receive the Consent Payment.

Key Points:

Eligible Holders who validly tender their Existing Notes after the Early Tender Date will not be eligible to receive the Consent Payment.
For each $1,000 principal amount of Existing Notes accepted for exchange at or prior to the Expiration Date.
No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful.
The Exchange Offer and Consent Solicitation were made solely pursuant to the Offering Memorandum and only to such persons and in such jurisdictions as were permitted under applicable law.

Regional Health Properties, Inc. Announces Shareholder Approval of Special Meeting Proposals, Satisfaction of All Conditions to Exchange Offer and Preliminary Results of Exchange Offer

Retrieved on:

水曜日, 6月 28, 2023

Transfer, Common stock, Date, RHE, Special, Proxy, Expiration date, Exchange, Official Code of Georgia Annotated, Expiration, Exchange offer, NYSE, Charter, Common, Security (finance), Series

As previously announced, the Company commenced an offer to exchange (the “Exchange Offer”) any and all of its outstanding shares of Series A Preferred Stock for newly issued shares of the Company’s 12.5% Series B Cumulative Redeemable Preferred Shares (the “Series B Preferred Stock”).

Key Points:

As previously announced, the Company commenced an offer to exchange (the “Exchange Offer”) any and all of its outstanding shares of Series A Preferred Stock for newly issued shares of the Company’s 12.5% Series B Cumulative Redeemable Preferred Shares (the “Series B Preferred Stock”).
Since the Preferred Series A Charter Amendment Proposal, the Series B Preferred Stock Proposal and the Common Charter Amendment Proposal were approved by our shareholders, we will amend the Charter to reflect the Series B Charter Amendments.
The Company anticipates issuing a press release to announce the final results of the Exchange Offer.
The closing of the Exchange Offer is expected to occur by June 30, 2023.

Naspers and Prosus Announce the Intention to Remove the Cross-Holding Structure

Retrieved on:

火曜日, 6月 27, 2023

In addition, in August 2021 Naspers and Prosus completed an exchange offer in which Prosus issued new Prosus ordinary shares N (Prosus Ordinary Shares N) to the holders (Naspers N Shareholders or Naspers Free-Float Shareholders) of Naspers N ordinary shares (Naspers N Ordinary Shares) that accepted such exchange offer, in exchange for acquiring their Naspers N Ordinary Shares (the Exchange Offer).

Key Points:

In addition, in August 2021 Naspers and Prosus completed an exchange offer in which Prosus issued new Prosus ordinary shares N (Prosus Ordinary Shares N) to the holders (Naspers N Shareholders or Naspers Free-Float Shareholders) of Naspers N ordinary shares (Naspers N Ordinary Shares) that accepted such exchange offer, in exchange for acquiring their Naspers N Ordinary Shares (the Exchange Offer).
excluding Naspers), (ii) new unlisted Prosus ordinary shares B (Prosus Ordinary Shares B) to Naspers, and (iii) new unlisted Prosus ordinary shares A1 (Prosus Ordinary Shares A), to the holders of the issued Prosus Ordinary Shares A (collectively, the Prosus Capitalisation Issue).
Naspers will antecedently and irrevocably waive its entitlement to Prosus Ordinary Shares N and consequently not receive new Prosus Ordinary Shares N under the Prosus Capitalisation Issue.
Naspers's voting interest and control of Prosus is determined by the total voting rights that Naspers has in Prosus pursuant to the Prosus Ordinary Shares N and the Prosus Ordinary Shares B that Naspers holds.

Naspers and Prosus Announce the Intention to Remove the Cross-Holding Structure

Retrieved on:

火曜日, 6月 27, 2023

In addition, in August 2021 Naspers and Prosus completed an exchange offer in which Prosus issued new Prosus ordinary shares N (Prosus Ordinary Shares N) to the holders (Naspers N Shareholders or Naspers Free-Float Shareholders) of Naspers N ordinary shares (Naspers N Ordinary Shares) that accepted such exchange offer, in exchange for acquiring their Naspers N Ordinary Shares (the Exchange Offer).

Key Points:

In addition, in August 2021 Naspers and Prosus completed an exchange offer in which Prosus issued new Prosus ordinary shares N (Prosus Ordinary Shares N) to the holders (Naspers N Shareholders or Naspers Free-Float Shareholders) of Naspers N ordinary shares (Naspers N Ordinary Shares) that accepted such exchange offer, in exchange for acquiring their Naspers N Ordinary Shares (the Exchange Offer).
excluding Naspers), (ii) new unlisted Prosus ordinary shares B (Prosus Ordinary Shares B) to Naspers, and (iii) new unlisted Prosus ordinary shares A1 (Prosus Ordinary Shares A), to the holders of the issued Prosus Ordinary Shares A (collectively, the Prosus Capitalisation Issue).
Naspers will antecedently and irrevocably waive its entitlement to Prosus Ordinary Shares N and consequently not receive new Prosus Ordinary Shares N under the Prosus Capitalisation Issue.
Naspers's voting interest and control of Prosus is determined by the total voting rights that Naspers has in Prosus pursuant to the Prosus Ordinary Shares N and the Prosus Ordinary Shares B that Naspers holds.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Conformis, Inc. (Nasdaq – CFMS), Eneti Inc. (NYSE – NETI), Franchise Group, Inc. (Nasdaq – FRG), NexTier Oilfield Solutions Inc. (NYSE – NEX)

Retrieved on:

月曜日, 6月 26, 2023

Partnership, Aquarius conformis, Franchise Group, Patterson-UTI, Henry Cadell, Brodsky, NexTier Bank, Tripura Merger Agreement, CADLR, PTEN, Exchange offer, OSE, Security (finance), Eneti

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points:

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
For example, the deal consideration is below the 52-week high of $9.85 for the Company’s shares.
Following the completion of the Exchange Offer, Cadeler and Eneti shareholders will own approximately 60% and 40% of the combined company, respectively.
NexTier shareholders will receive 0.7520 shares of Patterson-UTI common stock for each share of NexTier common stock owned.

Rogers Communications Inc. Commences Exchange Offer for Notes Issued in Connection with Prior Private Offering

Retrieved on:

金曜日, 6月 23, 2023

Expiration date, Exchange, Person, Bangladesh Securities and Exchange Commission, Sale, Prospectus, BNY Mellon, Expiration, Rogers, Initial exchange offering, Form, Security (finance), Bank, Letter, Exchange offer

Rogers will accept for exchange any and all Restricted Notes validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on July 25, 2023 (the “Expiration Date”), unless extended.

Key Points:

Rogers will accept for exchange any and all Restricted Notes validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on July 25, 2023 (the “Expiration Date”), unless extended.
Prior to the Expiration Date, tenders of Restricted Notes may be withdrawn according to the procedures described in the Prospectus (as detailed below).
The settlement date will be promptly after the Expiration Date and is expected to be within two business days after the Expiration Date.
No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful.

Exela Technologies, Inc. Announces Satisfaction of the Requisite Consents Condition and Extension of Early Tender Time

Retrieved on:

金曜日, 6月 23, 2023

Communication, Note, Consent, News & Notes, Risk, Exchange, Person, Old, Annual report, Exela Technologies, Exchange offer, Regulation, Solicitation, Cryptocurrency, Security (finance)

As of the Original Early Tender Time, approximately $955.5 million of outstanding Old Notes were tendered for exchange pursuant to the Exchange Offer and the Requisite Consents condition had been satisfied.

Key Points:

As of the Original Early Tender Time, approximately $955.5 million of outstanding Old Notes were tendered for exchange pursuant to the Exchange Offer and the Requisite Consents condition had been satisfied.
The Company expects the Initial Settlement Date for the Exchange Offer to occur promptly after the Extended Early Tender Time.
The Exchange Offer and the Consent Solicitation will expire at 11:59 p.m. New York City Time on July 7, 2023, unless extended or terminated.
Documents relating to the Exchange Offer and the Consent Solicitation are available to certain holders of the Old Notes.

Regional Health Properties, Inc. Reminds Shareholders of Upcoming Special Meeting and Encourages Shareholders to Vote

Retrieved on:

水曜日, 6月 21, 2023

Transfer, Common stock, Letter, Eastern Time Zone, RHE, Personal Information Agent, Special, Proxy, Exchange, Depository Trust Company, Schedule, Exchange offer, NYSE, Security (finance), Letter of transmittal

In addition, Charles Frischer, a holder of 17.1% of the Series A Preferred Stock, has indicated that he has elected to support the Exchange Offer.

Key Points:

In addition, Charles Frischer, a holder of 17.1% of the Series A Preferred Stock, has indicated that he has elected to support the Exchange Offer.
THE BOARD OF DIRECTORS URGES YOU TO EXERCISE YOUR RIGHT TO VOTE TODAY.
If you are a Depository Trust Company (“DTC”) participant, you may electronically transmit your acceptance through DTC’s Automated Tender Offer Program.
You will not be charged for any of these documents that you request.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Eneti Inc. (NYSE – NETI), Franchise Group, Inc. (Nasdaq – FRG), Tessco Technologies Incorporated (Nasdaq - TESS), NexTier Oilfield Solutions Inc. (NYSE – NEX)

Retrieved on:

火曜日, 6月 20, 2023

Partnership, Franchise Group, Patterson-UTI, Thomas Cadell (publisher), Brodsky, NexTier Bank, Tripura Merger Agreement, CADLR, PTEN, Lee Equity Partners, Exchange offer, OSE, Security (finance), Eneti

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points:

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
Under the terms of the agreement, Eneti will merge with Cadeler A/S (“Cadeler”) (OSE - CADLR).
Following the completion of the Exchange Offer, Cadeler and Eneti shareholders will own approximately 60% and 40% of the combined company, respectively.
NexTier shareholders will receive 0.7520 shares of Patterson-UTI common stock for each share of NexTier common stock owned.