Expiration date

TriNet Group, Inc. Commences a Fixed Price Tender Offer to Repurchase up to 5,981,308 Shares (Representing Approximately $640 million in Value of Shares)

Retrieved on: 
Tuesday, August 1, 2023
Exercise, Computershare, SMA, Communication, Letter, Note, Shareholder, Partnership, Repurchase agreement, Tender offer, Letter of transmittal, Special-purpose acquisition company, Finance, Share repurchase, Expiration date, BofA Securities, Money transmitter, Personal Information Agent, Bangladesh Securities and Exchange Commission, Audit committee, TriNet, Chairperson, Expiration, Tender, Mini-tender offer, Hand, NYSE, Security (finance), Purchasing

If the tender offer is not fully subscribed and fewer than 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the tender offer, the Company will repurchase that number of shares properly tendered and not properly withdrawn pursuant to the tender offer and the Company will repurchase only 3,364,486 shares from Atairos under the Repurchase Agreement.

Key Points: 
  • If the tender offer is not fully subscribed and fewer than 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the tender offer, the Company will repurchase that number of shares properly tendered and not properly withdrawn pursuant to the tender offer and the Company will repurchase only 3,364,486 shares from Atairos under the Repurchase Agreement.
  • Stockholders must make their own decisions as to whether to tender their shares and, if so, how many shares to tender.
  • Morgan Stanley & Co. LLC, BofA Securities, Inc. and Truist Securities, Inc. are acting as dealer managers for the Tender Offer.
  • Stockholders are urged to carefully read all of these materials prior to making any decision with respect to the Tender Offer.

TriNet Group, Inc. Announces Intention to Launch a Combined $1 Billion Fixed Price Tender Offer and Repurchase from Atairos, each at a Price of $107 Per Share of Common Stock

Retrieved on: 
Monday, July 31, 2023
Share, Optimism, Tender offer, Finance, Share repurchase, Expiration date, Luigi, Audit committee, Repurchase agreement, TriNet, Expiration, Tender, HCM, NYSE, Special-purpose acquisition company, Cryptocurrency, Security (finance)

Assuming the Tender Offer is fully subscribed, both transactions together will result in the repurchase of approximately $1 billion in shares.

Key Points: 
  • Assuming the Tender Offer is fully subscribed, both transactions together will result in the repurchase of approximately $1 billion in shares.
  • "For some time, we have believed that TriNet's stock represents significant value, especially in light of our recent financial and operating performance.
  • TriNet has not yet commenced the Tender Offer described herein, and there can be no assurance that TriNet will commence the Tender Offer on the terms described in this press release.
  • Stockholders are urged to carefully read all of those materials when they become available prior to making any decision with respect to the Tender Offer.

IGI Announces Commencement of an Offer to Purchase and Consent Solicitation Relating to its Warrants

Retrieved on: 
Friday, July 28, 2023
Professional Services, Insurance, Finance, Tiberius, Transfer, Bank of America, International, Consent, Eastern Time Zone, Fourth Amendment to the United States Constitution, Expiration date, BofA Securities, Schedule, Continental, Warrant, IGI, Expiration, Letter, Solicitation, Security (finance)

Parties representing approximately 67.3% of the outstanding public warrants have agreed to tender their Warrants in the Offer and to consent to the Warrant Amendment in the Consent Solicitation, pursuant to a tender and support agreement.

Key Points: 
  • Parties representing approximately 67.3% of the outstanding public warrants have agreed to tender their Warrants in the Offer and to consent to the Warrant Amendment in the Consent Solicitation, pursuant to a tender and support agreement.
  • IGI has engaged BofA Securities (“BofA”) as the dealer manager for the Offer and Consent Solicitation.
  • Morrow Sodali Global LLC (“Morrow Sodali”) has been appointed as the information agent for the Offer and Consent Solicitation, and Continental has been appointed as the Depositary for the Offer and Consent Solicitation.
  • The Offer and Consent Solicitation are being made only through the Schedule TO and Offer to Purchase, and the complete terms and conditions of the Offer and Consent Solicitation are set forth in the Schedule TO and Offer to Purchase.

Conifer Holdings, Inc. Announces Extension of Exchange Offer

Retrieved on: 
Wednesday, July 26, 2023
Note, TowerBrook Capital Partners, Expiration date, Exchange, EDGAR, Sale, Prospectus, Expiration, Initial exchange offering, Form, Security (finance), Exchange offer, News, News & Notes

TROY, Mich., July 26, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ: CNFR) (“Conifer” or the “Company”), announced today that it extended its offer to exchange (the “Exchange Offer”) its outstanding 6.75% Senior Unsecured Notes due 2023 (the “Existing Notes”) for 9.75% Senior Unsecured Notes due 2028 (the “New Notes”) to be issued by the Company.

Key Points: 
  • TROY, Mich., July 26, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ: CNFR) (“Conifer” or the “Company”), announced today that it extended its offer to exchange (the “Exchange Offer”) its outstanding 6.75% Senior Unsecured Notes due 2023 (the “Existing Notes”) for 9.75% Senior Unsecured Notes due 2028 (the “New Notes”) to be issued by the Company.
  • Except for the extension of the Expiration Date and Withdrawal Deadline, all other terms of the Exchange Offer remain in full force and effect.
  • Janney Montgomery Scott and American Capital Partners, LLC are serving as dealer managers for the Exchange Offer and placement agents for the New Offering.
  • This news release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to participate in the New Offering or the Exchange Offer, nor shall there be any sale of the New Notes or exchange of the Existing Notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

Algernon Pharmaceuticals Announces Private Placement and Issuance of Shares in Connection with Financial Advisory Agreement

Retrieved on: 
Friday, July 14, 2023
Acceleration, Engagement letter, Indian stock exchange, CSE, Legislation, CDN, AGN, Expiry Date (miniseries), Warrant, Expiration date, Exercise, Letter, News, Regulation, Security (finance), Maxim

Each Unit will consist of one Class A common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”).

Key Points: 
  • Each Unit will consist of one Class A common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”).
  • The Company will use the proceeds of the private placement for working capital purposes.
  • In connection with entering into the Engagement Letter, the Company may be obligated to issue up to an additional 200,000 Common Shares to Maxim in certain circumstances.
  • The Company may also be obligated to pay Maxim a success fee upon the consummation of a successful transaction.

Azul Announces Expected Settlement Date for the Previously Announced Exchange Offers of Certain Existing Notes for New Notes and the Solicitations of Consents to Proposed Amendments to the Existing Indentures

Retrieved on: 
Wednesday, July 12, 2023
Senior, Initial exchange offering, SEC Rule 144A, Debt-to-GDP ratio, Settlement date, NYSE, Aircraft, Financial adviser, Circular reference, Certification, Expiration, Competition, National Association of Personal Financial Advisors, Personal Information Agent, Documentation, Trustee, Regulation, Note, Risk, Early participants in the Latter Day Saint movement, Expiration date, Exchange, Person, Sale, Annual report, SAO, Security (finance), News & Notes, Eligibility, Solicitation, Issuer

Any capitalized terms used in this press release without definition have the respective meanings assigned to such terms in the Offering Memorandum.

Key Points: 
  • Any capitalized terms used in this press release without definition have the respective meanings assigned to such terms in the Offering Memorandum.
  • As of the date of this press release, except as noted above, each of these conditions remains to be satisfied.
  • Eligible Holders will need to make their own decision as to whether to tender Existing Notes in the Exchange Offers and participate in the Solicitations and, if so, the principal amount of Existing Notes to tender.
  • Moreover, neither Azul nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements.

Coveo Announces AMF Relief in Substantial Issuer Bid

Retrieved on: 
Thursday, July 6, 2023
BMO Capital Markets, Eastern, Eastern Time Zone, Expiration date, Extension, Risk, Accounting, Hierarchy, CVO, Expiration, SAN, SIB, SEDAR, TSX, AMF, Letter, TIME, Environment, News, Legislation, Security (finance), Lease, Risk management, Coveo

Under the SIB, Coveo offers to repurchase for cancellation up to C$40 million of its outstanding Shares.

Key Points: 
  • Under the SIB, Coveo offers to repurchase for cancellation up to C$40 million of its outstanding Shares.
  • Only those Multiple Voting Shares proposed to be taken up by Coveo will be converted into Shares immediately prior to take up.
  • On July 6, 2023, the AMF granted Coveo the relief order providing the Extension Relief which will allow Coveo to, subject to the conditions in the relief order, elect to extend the SIB without first taking up all the Shares deposited and not withdrawn under the SIB.
  • In the event the SIB is extended, Coveo will provide a further news release disclosing the details of such extension.

Regional Health Properties, Inc. Announces Final Results and Closing of Exchange Offer

Retrieved on: 
Monday, July 3, 2023
Transfer, RHE, Expiration date, Expiration, Exchange, Exchange offer, NYSE, Security (finance)

ATLANTA, GA, July 03, 2023 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHE-PA) (the “Company”) today announced the final results, and the closing, of its previously commenced offer to exchange (the “Exchange Offer”) any and all of the Company’s outstanding 10.875% Series A Cumulative Redeemable Preferred Shares (the “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: 
  • ATLANTA, GA, July 03, 2023 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHE-PA) (the “Company”) today announced the final results, and the closing, of its previously commenced offer to exchange (the “Exchange Offer”) any and all of the Company’s outstanding 10.875% Series A Cumulative Redeemable Preferred Shares (the “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”).
  • As previously announced, the Exchange Offer expired at 11:59 p.m., New York City time, on June 27, 2023 (such time and date, the “Expiration Date”).
  • Continental Stock Transfer & Trust Company, the exchange agent in connection with the Exchange Offer, has advised the Company that, as of the Expiration Date, 2,252,272 shares of Series A Preferred Stock had been properly tendered (and not validly withdrawn) in the Exchange Offer, representing approximately 80.1% of the outstanding shares of Series A Preferred Stock.
  • 559,263 shares of Series A Preferred Stock did not participate in the Exchange Offer and remain outstanding.

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

Retrieved on: 
Friday, June 30, 2023
Building Systems, Other Construction & Property, Architecture, Residential Building & Real Estate, Construction & Property, Consent, Settlement date, SEC Rule 144A, Expiration date, Exchange, Convention to propose amendments to the United States Constitution, Person, Sale, Date, Expiration, European Economic Area, ISIN, United Kingdom, CUSIP, Exchange offer, Regulation, Solicitation, Life insurance, Security (finance), Note

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.

PowerTap Announces Financing

Retrieved on: 
Wednesday, June 28, 2023
Hydrogen, Acceleration, Unit, Expiration date, Private placement, Private, Marketing, NEO Exchange, Part, Sale, Warrant, National instrument, NI, Offering, OTC, News, NEO, Security (finance)

The Company intends to use the net proceeds of the Private Placement for product and manufacturing development; sales and marketing; and G&A.

Key Points: 
  • The Company intends to use the net proceeds of the Private Placement for product and manufacturing development; sales and marketing; and G&A.
  • Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions ("NI 45-106"), the Units will be offered for sale to purchasers' resident in Canada (except Quebec) and/or other qualifying jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the "Listed Issuer Financing Exemption").
  • Because the Private Placement is being completed pursuant to the Listed Issuer Financing Exemption, the securities issued in the Private Placement will not be subject to a hold period pursuant to applicable Canadian securities laws.
  • There is an offering document related to this Private Placement that can be accessed under the Company's profile at www.sedar.com and on https://ir.powertapcapital.com/ .