Ingersoll Rand Recommends Rejection of TRC Capital’s “Mini-Tender” Offer

Core Viewpoint - Ingersoll Rand Inc. received an unsolicited mini-tender offer from TRC Capital Investment Corporation to purchase up to 1,500,000 shares at $77.50 per share, which is below the recent trading prices of the company's stock [1][2] Summary by Sections Company Announcement - Ingersoll Rand does not endorse the mini-tender offer from TRC Capital and advises stockholders to reject it, as the offer price is below the recent closing prices of the company's shares [2][5] - The offer price of $77.50 is approximately 4.27% lower than the closing price of $80.96 on March 21, 2025, and about 2.43% lower than the closing price of $79.43 on March 28, 2025 [1] Mini-Tender Offer Characteristics - TRC Capital's mini-tender offer seeks to acquire less than 5% of Ingersoll Rand's outstanding shares, allowing it to bypass many SEC disclosure requirements [3] - Mini-tender offers do not provide the same level of investor protections as larger tender offers under U.S. federal securities laws [3][4] Investor Guidance - Ingersoll Rand urges stockholders to check current stock quotes, review the offer's terms, and consult with financial advisors before making decisions regarding the mini-tender offer [5] - Stockholders who have already tendered their shares can withdraw them before the offer's expiration on April 23, 2025 [6] Additional Resources - Ingersoll Rand encourages brokers and investors to review the SEC's guidance on mini-tender offers to better understand the risks involved [7]