The Purchase Price

SC2 Inc. Announces Offer to Purchase Common Shares of Sherritt International Corporation

Retrieved on: 
Tuesday, April 9, 2024
Letter, AB, Purchasing, Adelaide Street, SC2, Toronto Stock Exchange, Documentation, The Purchase Price, Proxy, Telephone, Knowledge, News, Suite, TSX, Canada Business Corporations Act, Offer, Reserve Square, Bay Adelaide Centre, Security (finance)

CALGARY, AB, April 8, 2024 /CNW/ - SC2 Inc. ("SC2") is pleased to announce an offer (the "Offer") to purchase up to 21,621,621 common shares of Sherritt International Corporation (TSX: S) ("Sherritt") at a price of $0.37 per common share (the "Purchase Price"), payable in cash.

Key Points: 
  • CALGARY, AB, April 8, 2024 /CNW/ - SC2 Inc. ("SC2") is pleased to announce an offer (the "Offer") to purchase up to 21,621,621 common shares of Sherritt International Corporation (TSX: S) ("Sherritt") at a price of $0.37 per common share (the "Purchase Price"), payable in cash.
  • If the Offer is withdrawn by SC2, SC2 shall cause all common shares delivered pursuant to the Offer to be returned to the shareholders.
  • Full details of the Offer are included in the Letters, including complete instructions for the tendering and delivery of common shares to SC2.
  • Deposited common shares may be withdrawn at any time prior to the time they are taken up by SC2.

Tender offer for hybrid capital securities – final results

Retrieved on: 
Wednesday, March 13, 2024
ACT, ITS, Accrued interest, ANY, Purchasing, Settlement date, EUR, NOT, The Purchase Price, Security (finance), A/S, AS

Ørsted A/S (‘Ørsted’) announces the result of its invitation to holders of its EUR 500,000,000 2.25 % green hybrid capital securities due in 3017 (ISIN: XS1720192696) (the ‘Capital Securities’), to tender any and all such Securities for purchase by Ørsted for cash (such invitation, the ‘Offer’).

Key Points: 
  • Ørsted A/S (‘Ørsted’) announces the result of its invitation to holders of its EUR 500,000,000 2.25 % green hybrid capital securities due in 3017 (ISIN: XS1720192696) (the ‘Capital Securities’), to tender any and all such Securities for purchase by Ørsted for cash (such invitation, the ‘Offer’).
  • The Offer was announced on 5 March 2024 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 5 March 2024 (the ‘Tender Offer Memorandum’).
  • Capitalised terms used in this announcement and not otherwise defined have the meaning given to them in the Tender Offer Memorandum.
  • As at the Expiration Deadline for the Offer being at 17:00 CET on 11 March 2024, EUR 249,544,000 in aggregate principal amount of the Securities was validly tendered pursuant to the Offer.

MID-SOUTHERN BANCORP, INC., MID-SOUTHERN SAVINGS BANK, FSB AND BEACON CREDIT UNION SIGN DEFINITIVE PURCHASE AND ASSUMPTION AGREEMENT

Retrieved on: 
Thursday, January 25, 2024
Barnes & Thornburg, LLP, P&A, Partnership, FSB, MSVB, The Purchase Price, Partner, Acquisition, PC, Jimmy, Purchasing, Beacon, Bank

and WABASH, Ind., Jan. 25, 2024 /PRNewswire/ -- Beacon Credit Union and Mid-Southern Bancorp, Inc. ("Mid-Southern Bancorp") (OTCQX: MSVB), the holding company for Mid-Southern Savings Bank, FSB ("Mid-Southern Bank"), announced today that Beacon Credit Union, Mid-Southern Bancorp and Mid-Southern Bank have signed a definitive purchase and assumption agreement whereby Beacon Credit Union will acquire substantially all of the assets and assume substantially all of the liabilities (including all of the deposit account liabilities) of Mid-Southern Bank in an all-cash transaction (the "P&A Transaction").

Key Points: 
  • and WABASH, Ind., Jan. 25, 2024 /PRNewswire/ -- Beacon Credit Union and Mid-Southern Bancorp, Inc. ("Mid-Southern Bancorp") (OTCQX: MSVB), the holding company for Mid-Southern Savings Bank, FSB ("Mid-Southern Bank"), announced today that Beacon Credit Union, Mid-Southern Bancorp and Mid-Southern Bank have signed a definitive purchase and assumption agreement whereby Beacon Credit Union will acquire substantially all of the assets and assume substantially all of the liabilities (including all of the deposit account liabilities) of Mid-Southern Bank in an all-cash transaction (the "P&A Transaction").
  • The parties have the right to terminate the purchase and assumption agreement if the Purchase Price is less than $36,198,789.
  • "We're excited to bring the benefits of Beacon Credit Union to Mid-Southern Savings Bank's customers and communities" stated Dustin Cuttriss, Beacon Credit Union President and CEO.
  • Barnes & Thornburg LLP is serving as legal counsel to Beacon Credit Union and Donnelly Penman & Partners is serving as financial advisor to Beacon Credit Union.

Notice of Offer to Purchase for Cash by Osprey Bitcoin Trust Up to 20% or 1,668,107 of its outstanding Units

Retrieved on: 
Thursday, January 11, 2024
Bitcoin, Transfer, Notice, CSTT, Sponsor, NAV, Letter, The Purchase Price, Business, Business Day, TAX, TIME, Depository Trust Company, Osprey, DTC, Date, Sale, OTCQX, FICC, Expiration, Security (finance)

The Offer is, however, subject to other conditions, as further described in the Offer to Purchase.

Key Points: 
  • The Offer is, however, subject to other conditions, as further described in the Offer to Purchase.
  • During any such extension, all Units previously tendered and not properly withdrawn will remain subject to the Offer.
  • In the event that the Trust decides to terminate the Offer for any reason, it will promptly notify investors.
  • In addition, if certain events occur, as described in Section 7 of the Offer to Purchase, we may not be obligated to purchase Units pursuant to the Offer.

Imperial announces preliminary results of its substantial issuer bid

Retrieved on: 
Monday, December 11, 2023
Oil, Gas, Energy, Sale, The Purchase Price, EDGAR, Imperial Oil, ExxonMobil, Petroleum, TSE, NYSE American, Natural gas, Imperial, Communication, Income Tax Act, Letter, News, Purchasing, Auction, Security (finance), Offer, Share (finance)

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the preliminary results of its substantial issuer bid (the “Offer”), pursuant to which Imperial offered to purchase for cancellation up to $1.5 billion of its common shares (the “Shares”).

Key Points: 
  • Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the preliminary results of its substantial issuer bid (the “Offer”), pursuant to which Imperial offered to purchase for cancellation up to $1.5 billion of its common shares (the “Shares”).
  • Immediately following completion of the Offer, Imperial anticipates that 535,836,803 Shares will be issued and outstanding.
  • 27,768,599 Shares were validly tendered and not withdrawn pursuant to auction tenders at or below the Purchase Price and pursuant to purchase price tenders.
  • Shareholders who made auction tenders at a price in excess of the Purchase Price should not expect to have any of their Shares purchased by Imperial.

CI Financial Announces Commencement of Substantial Issuer Bid

Retrieved on: 
Friday, November 10, 2023
Asset Management, Professional Services, Finance, NBF, The Purchase Price, System, Corporation, Exchange Tower, Expiration, Computershare, Income Tax Act, TSX, Purchasing, CIX, Purchase price allocation, Expiration date, Security (finance), Auction, Share, Shareholder

CI Financial Corp. (TSX: CIX) (“CI Financial” or the “Corporation”) announced today it has commenced its previously announced substantial issuer bid (the “Offer”), pursuant to which the Corporation will offer to purchase up to $100 million in value of its outstanding common shares (the “Shares”) from holders of Shares (the “Shareholders”) for cash, at a single price per Share (not less than $13.64 per Share and not more than $15.28 per Share) (the “Purchase Price”).

Key Points: 
  • CI Financial Corp. (TSX: CIX) (“CI Financial” or the “Corporation”) announced today it has commenced its previously announced substantial issuer bid (the “Offer”), pursuant to which the Corporation will offer to purchase up to $100 million in value of its outstanding common shares (the “Shares”) from holders of Shares (the “Shareholders”) for cash, at a single price per Share (not less than $13.64 per Share and not more than $15.28 per Share) (the “Purchase Price”).
  • Shares deposited at or below the finally determined Purchase Price will be purchased at such Purchase Price.
  • The Corporation has further engaged NBF to act as its dealer manager and financial advisor in connection with the Offer.
  • The solicitation and the offer to buy Shares will only be made pursuant to the Offer Documents.

Prospect Capital Corporation Announces Launch of Cash Tender Offer For its 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock

Retrieved on: 
Monday, October 30, 2023
Settlement date, Tender offer, Lane v. Holder, Bank, Broker, Expiration, Information, Purchase price allocation, Mini-tender offer, The Purchase Price, Schedule, Expiration date, Cryptocurrency, Security (finance), Tender, Share (finance)

As described in the Offer to Purchase, tendered Shares may be validly withdrawn from the Tender Offer at or prior to the Expiration Date.

Key Points: 
  • As described in the Offer to Purchase, tendered Shares may be validly withdrawn from the Tender Offer at or prior to the Expiration Date.
  • The Company may amend, extend or, subject to certain conditions and applicable law, terminate the Tender Offer at any time in its sole discretion.
  • King & Co., Inc. to serve as the Information and Tender Agent for the Shares in the Tender Offer.
  • None of the Company or the Information and Tender Agent are making any recommendation as to whether or not holders should tender their Shares in connection with the Tender Offer.

China Jo-Jo Drugstores Announces $2.59 Million Registered Direct Offering

Retrieved on: 
Tuesday, September 26, 2023
Form, Sale, The Purchase Price, Pharmacy (shop), Prospectus, Purchasing, The Company, SEC filing, Security (finance)

HANGZHOU, China, Sept. 26, 2023 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced that it has entered into definitive agreements with a number of investors providing for the issuance of 9.96 million ordinary shares, at a purchase price of $0.26 per share (the "Purchase Price"), in a registered direct offering for aggregate gross proceeds of approximately $2.59 million.

Key Points: 
  • HANGZHOU, China, Sept. 26, 2023 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced that it has entered into definitive agreements with a number of investors providing for the issuance of 9.96 million ordinary shares, at a purchase price of $0.26 per share (the "Purchase Price"), in a registered direct offering for aggregate gross proceeds of approximately $2.59 million.
  • Jo-Jo Drugstores also agreed to issue to the investors registered warrants to purchase up to 19.92 million ordinary shares.
  • Jo-Jo Drugstores intends to use the net proceeds from the offering for general corporate purposes and working capital.
  • When filed with the SEC, copies of the final prospectus supplement and the accompanying prospectus relating to the registered direct offering may be obtained at the SEC's website at http://www.sec.gov .

Star Bulk Announces the Repurchase of 10 Million of Its Common Shares

Retrieved on: 
Friday, September 22, 2023
Purchasing, Partnership, The Purchase Price, OCM, Policy, Share repurchase, NAV, Sale, Cayman Islands, Transport, LP, Oak Tree, Security (finance), Holding company, Sales

ATHENS, Greece, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, announced today that it entered into a Repurchase Agreement (the “Repurchase Agreement”) with OCM XL Holdings, LP, a limited partnership incorporated in the Cayman Islands (the “Seller”), pursuant to which the Company agreed to purchase 10 million of its common shares (“Purchased Shares”) from the Seller at a price per common share of $18.50 (such price, the “Purchase Price” and, such transaction, the “Share Repurchase”).

Key Points: 
  • ATHENS, Greece, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, announced today that it entered into a Repurchase Agreement (the “Repurchase Agreement”) with OCM XL Holdings, LP, a limited partnership incorporated in the Cayman Islands (the “Seller”), pursuant to which the Company agreed to purchase 10 million of its common shares (“Purchased Shares”) from the Seller at a price per common share of $18.50 (such price, the “Purchase Price” and, such transaction, the “Share Repurchase”).
  • The Share Repurchase was approved unanimously by all the disinterested members of the Company’s Board of Directors.
  • The Closing is expected to occur on October 9, 2023 and thenafter the 10 million shares will be withdrawn and cancelled.
  • The Company remains committed to its current dividend policy.

MAI CLOUD, A SUBSIDIARY OF GENAI, ACQUIRES AI COMPUTE BUSINESS

Retrieved on: 
Wednesday, June 14, 2023
Cloud, Graphics processing unit, Purchasing, CSE, Canadian Securities Exchange, The Purchase Price, Purchase price allocation, Date, MAI, Acquisition, Generative, OTC, AI, News, Medical device, Video game, NVIDIA, National Union of Scottish Mineworkers

Pursuant to the Share Purchase Agreement, MAI Cloud will acquire the Purchased Shares from Minework for an aggregate purchase price of $1,500,000 (the "Purchase Price").

Key Points: 
  • Pursuant to the Share Purchase Agreement, MAI Cloud will acquire the Purchased Shares from Minework for an aggregate purchase price of $1,500,000 (the "Purchase Price").
  • Ryan Selby, CEO of GenAI, comments "The acquisition of Pulse AI is anticipated to provide MAI Cloud with at least one customer for our MAI Cloud™ service and has the potential to provide additional customers and to drive sustained revenue growth for the MAI Cloud™ platform.
  • As we continue to build our vertically integrated AI solutions business, the procurement of supercomputers, the acquisition of paying customers, and the maximization of revenues are of utmost importance.
  • I see tremendous potential for our MAI Cloud™ platform, and this acquisition supports both our short-term and long-term business objectives."