Book entry

American Industrial Partners Announces 67.64% of SEACOR Shares Tendered

Thursday, April 8, 2021 - 1:30pm

American Industrial Partners and its affiliate Safari Merger Subsidiary, Inc. (Purchaser) announced that 67.64% of outstanding shares of SEACOR Holdings Inc. (NYSE: CKH) (SEACOR) have been tendered pursuant to Purchasers outstanding tender offer at $41.50 per share.

Key Points: 
  • American Industrial Partners and its affiliate Safari Merger Subsidiary, Inc. (Purchaser) announced that 67.64% of outstanding shares of SEACOR Holdings Inc. (NYSE: CKH) (SEACOR) have been tendered pursuant to Purchasers outstanding tender offer at $41.50 per share.
  • The actual physical or book-entry delivery of shares in excess of the minimum tender condition is required in order for Purchaser to accept for payment all shares tendered.
  • Of these shares, 12,276,599 shares, representing 59.73% of the outstanding shares, were tendered physically or by book-entry, and 1,625,714 shares were tendered pursuant to guaranteed delivery procedures.
  • American Industrial Partners is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets.

urban-gro, Inc. Announces Reverse Stock Split

Tuesday, January 5, 2021 - 9:15pm

The new CUSIP number for urban-gros common stock following the reverse split is 91704K202.

Key Points: 
  • The new CUSIP number for urban-gros common stock following the reverse split is 91704K202.
  • In connection with the reverse split, every 6 shares of issued and outstanding common stock will be converted into 1 share of issued and outstanding common stock, and the outstanding shares of common stock will be reduced from approximately 28.3 million shares to approximately 4.7 million shares.
  • Instead, in lieu of any fractional shares to which a stockholder of record would otherwise be entitled as a result of the reverse split, the Company will pay cash (without interest) equal to such fraction multiplied by the average of the closing prices of a share of the Companys common stock (as adjusted to give effect to the reverse split) on the OTC Market, Inc.s OTCQX marketplace for the five (5) consecutive trading days immediately preceding the effective date of the reverse split.
  • Stockholders holding certificated shares (i.e., shares represented by one or more physical stock certificates) will be requested to exchange their old stock certificate or certificates for shares held in book-entry form through the Depository Trust Companys Direct Registration System representing the appropriate number of whole shares of the Companys common stock resulting from the reverse split.

West End Indiana Bancshares, Inc. Announces Plan for Distribution of $36.69 per Share to Stockholders in Connection with Its Voluntary Plan of Dissolution and Complete Liquidation

Wednesday, October 28, 2020 - 6:05pm

Stockholders who hold shares in book entry accounts at our transfer agent, Computershare, will receive checks in the amount of their cash distribution.

Key Points: 
  • Stockholders who hold shares in book entry accounts at our transfer agent, Computershare, will receive checks in the amount of their cash distribution.
  • Stockholders who hold shares through a broker or other DTC registered nominee will receive their cash distribution directly into their account at such broker or other nominee.
  • Stockholders with any shares represented by certificates will receive a letter of transmittal with instructions on how to return their certificates in exchange for the cash distribution.
  • In order to receive the $36.69 per share distribution, the stockholders who hold their shares in the form of stock certificates will be required to return their stock certificates.

T-Mobile Announces Closing of $2,034,250,000 Over-Subscribed Rights Offering

Tuesday, August 4, 2020 - 11:00am

T-Mobile US, Inc. (NASDAQ: TMUS) (T-Mobile) today announced the closing of its highly successful, over-subscribed rights offering.

Key Points: 
  • T-Mobile US, Inc. (NASDAQ: TMUS) (T-Mobile) today announced the closing of its highly successful, over-subscribed rights offering.
  • Pursuant to the terms of the rights offering, 17,702,739 shares of common stock were purchased pursuant to the exercise of basic subscription rights and 2,047,261 shares of common stock were purchased under the oversubscription right.
  • Consequently, the rights offering did not involve gain or loss to T-Mobile and did not affect the number of outstanding shares of T-Mobile common stock or T-Mobiles capitalization.
  • Investors who have participated in the rights offering should expect to see the shares of common stock delivered to them in book-entry or, uncertificated, form.

RumbleOn, Inc. Announces Reverse Stock Split of Class A Common Stock and Class B Common Stock

Tuesday, May 19, 2020 - 1:30pm

No fractional shares will be issued as a result of the reverse stock split.

Key Points: 
  • No fractional shares will be issued as a result of the reverse stock split.
  • Any fractional shares that would result from the reverse stock split will be rounded up to the nearest whole share.
  • Following the reverse stock split, RumbleOn will have outstanding 50,000 shares of Class A Common Stock and approximately 2,162,696 shares of Class B Common Stock.
  • Following the effectiveness of the reverse stock split, each stock certificate and book-entry or other electronic position representing issued and outstanding shares of RumbleOn's common stock will be automatically adjusted.