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Lisata Therapeutics Enters Into Term Sheet to be Acquired by Kuva Labs for $4.00 Per Share in an All-Cash Tender Offer
Globenewswire· 2026-01-21 12:00
Core Viewpoint - Lisata Therapeutics, Inc. has entered into a binding term sheet for acquisition by Kuva Labs, Inc., with a cash offer of $4.00 per share, representing an approximate 85% premium over Lisata's recent closing stock price [1][2] Group 1: Acquisition Details - Kuva will commence a tender offer to purchase all outstanding shares of Lisata at $4.00 per share in cash [1] - Stockholders will receive two contingent value rights (CVRs) valued at $1 each, contingent upon specific milestones related to the drug certepetide [1][2] - The acquisition has been unanimously approved by the boards of directors of both companies, with a definitive purchase agreement expected before February 27, 2026 [1] Group 2: Product Information - Certepetide is an investigational drug designed to enhance the delivery of anti-cancer therapies to solid tumors, showing favorable safety and clinical activity in trials for pancreatic cancer [4][5] - The drug has received multiple designations, including Fast Track and Orphan Drug Designation for various cancers, indicating its potential in treating serious diseases [4][5] Group 3: Company Background - Lisata Therapeutics focuses on developing innovative therapies for advanced solid tumors and has established partnerships based on its CendR Platform technology [5] - Kuva Labs is a preclinical bioscience company developing the NanoMark direct MR imaging platform, aimed at improving cancer detection and treatment [7]
Crédit Agricole Assurances announces the success of its Tender Offer, the Final Acceptance Amount and the results of its Offer
Globenewswire· 2026-01-16 12:54
Core Viewpoint - Crédit Agricole Assurances successfully completed its Tender Offer for two series of subordinated fixed rate resettable notes, with a total valid tender amount of €861,400,000 [1][5]. Group 1: Tender Offer Details - The Tender Offer was launched on January 8, 2026, targeting subordinated fixed rate resettable notes issued in 2016 and 2018, with an outstanding principal amount of €1,000 million each [2]. - The Tender Offer expired on January 15, 2026, at 4:00 p.m. Central European Time, and no notes tendered after this time were accepted [3]. - The final acceptance amount for the Tender Offer was set at €749,900,000, with €221,900,000 for the 4.75% notes and €528,000,000 for the 2.625% notes [5]. Group 2: Financial Implications - The Tender Offer will allow Crédit Agricole Assurances to spread the maturity profile of its debt, aligning with its active capital management policy [2]. - Holders of the validly tendered notes will receive cash equal to the tender price multiplied by the aggregate principal amount of the notes accepted for purchase, plus accrued interest [6]. - The settlement of the Tender Offer is expected to occur on January 20, 2026, with payments processed through Euroclear, Clearstream, or Euroclear France [7]. Group 3: Cancellation of Notes - The existing notes that were validly tendered and accepted will be cancelled immediately following the settlement of the Tender Offer [8].
Terrafina Announces Expiration of Tender Offer for Any and All of Its Outstanding 4.962% Senior Notes Due 2029
Globenewswire· 2026-01-12 23:12
Core Viewpoint - Terrafina, a leading Mexican industrial real estate investment trust (FIBRA), has completed its cash tender offer for its outstanding 4.962% Notes due 2029, which expired on January 12, 2026 [1][2]. Group 1: Tender Offer Details - The tender offer was initiated on January 6, 2026, and allowed holders to tender their 4.962% Senior Notes due 2029 [2]. - A total of U.S.$439,452,000 of the Notes were validly tendered and not withdrawn by the expiration date, with an additional U.S.$2,203,000 received under guaranteed delivery procedures [2]. - Terrafina will pay the tender offer consideration plus accrued interest on January 15, 2026, for all validly tendered Notes [3]. Group 2: Company Overview - Terrafina (BMV: TERRA13) is focused on acquiring, developing, leasing, and managing industrial real estate properties in Mexico, with a portfolio of strategically located warehouses and light manufacturing properties [6].
Terrafina Launches Tender Offer for Any and All of Its Outstanding 4.962% Senior Notes Due 2029
Globenewswire· 2026-01-06 13:30
Core Viewpoint - Terrafina, a leading Mexican industrial real estate investment trust (FIBRA), has initiated a cash tender offer for its outstanding 4.962% Senior Notes due 2029, aiming to retire and potentially redeem these notes in the future [1][2]. Tender Offer Details - The tender offer is for all outstanding 4.962% Senior Notes due 2029, with a total principal amount of U.S.$500 million, offering a consideration of U.S.$1,028.95 per U.S.$1,000 principal amount [2]. - The expiration date for the tender offer is set for January 12, 2026, with the settlement date expected to occur three business days after this date [3]. - Holders of the notes can withdraw their tendered notes prior to the expiration date or within 10 business days if the offer is extended [4]. Conditions and Procedures - Completion of the tender offer is subject to certain conditions outlined in the offer documents, and Terrafina reserves the right to amend or terminate the offer at any time [6]. - Holders who utilize guaranteed delivery procedures must deliver their notes by January 14, 2026 [5]. Company Overview - Terrafina (BMV: TERRA13) focuses on acquiring, developing, leasing, and managing industrial real estate properties in Mexico, with a portfolio that includes strategically located warehouses and light manufacturing properties [11].
Data Storage Corporation Extends Expiration Time of Offer to Purchase
Globenewswire· 2025-12-23 21:05
Core Viewpoint - Data Storage Corporation has announced an extension of the expiration date for its Offer to Purchase from January 7, 2026, to January 12, 2026, indicating ongoing efforts to complete the tender offer process [1]. Company Overview - Data Storage Corporation, through its subsidiary Nexxis, Inc., provides Voice over Internet Protocol (VoIP) and Unified Communications, along with dedicated internet connectivity as part of its comprehensive service offerings [2]. - The company plans to invest in various sectors post-tender offer completion, including GPU Infrastructure-as-a-Service (IaaS), AI-driven software applications, cybersecurity, and voice/data telecommunications, aiming to build sustainable and recurring revenue streams while maintaining financial discipline [2].
X @Forbes
Forbes· 2025-12-16 16:10
SpaceX Tender Offer Rockets Elon Musk Closer To Trillionaire Status https://t.co/6rHGsGBBtB ...
X @Bloomberg
Bloomberg· 2025-12-14 15:10
Financial Performance - Alphabet Inc is set to book a sizable paper gain [1] Market Valuation - SpaceX 完成一项 tender offer,公司估值约为 8000 亿美元 [1]
Cogna Educação S.A. Announces Final Results of the Offer to Purchase All Outstanding Class A Common Shares of Vasta Platform Limited
Globenewswire· 2025-12-11 14:25
Core Points - Cogna Educação S.A. announced the final results of its all cash tender offer for Vasta Platform Limited's Class A common shares at a price of U.S.$5.00 per share, which expired on December 10, 2025 [1][2] - Approximately 15,526,020 Class A Common Shares were validly tendered, representing about 97.21% of the outstanding shares, with an expected payment of U.S.$77.7 million on December 15, 2025 [2] - Following the offer, Cogna plans to delist the Class A Common Shares from NASDAQ and may conduct a statutory merger or compulsory acquisition for remaining shareholders [3] Offer Details - The tender offer was initiated on September 17, 2025, and included multiple amendments up to November 28, 2025 [4] - Equiniti Trust Company, LLC served as the tender agent, while D.F. King & Co., Inc. acted as the information agent [5] Future Actions - After the completion of the tender offer, Cogna intends to take steps to delist and deregister the Class A Common Shares under applicable laws [3]
Mount Logan Capital Inc. Initiates Shareholder Record Search relating to expected $15 Million Tender Offer
Globenewswire· 2025-12-11 13:00
Core Viewpoint - Mount Logan Capital Inc. is set to launch a tender offer to repurchase $15 million of its common stock, with a price of $9.43 per share, reflecting a 22.5% premium over the stock's closing price on December 10, 2025, and an 8% discount to its book equity value as of September 30, 2025 [1][2]. Group 1: Tender Offer Details - The tender offer is expected to launch on or before the end of the first week of January 2026 and is estimated to close at least 20 business days after the launch [1][2]. - The tender offer price of $9.43 per share represents a significant premium to the recent market price, indicating a strategic move to enhance shareholder value [1]. Group 2: Company Overview - Mount Logan Capital Inc. operates as an integrated alternative asset management and insurance solutions firm, focusing on generating durable, fee-based revenue and long-term value creation [4]. - The company manages over $2.1 billion in assets as of September 30, 2025, and invests across private and public credit markets in North America, as well as reinsurance of annuity products [5].
Morgan Stanley China A Share Fund, Inc. Announces 2026 Tender Offer and Change to Performance-Related Conditional Tender Offer Policy
Businesswire· 2025-12-05 21:05
Core Viewpoint - Morgan Stanley China A Share Fund, Inc. has announced a tender offer to acquire up to 20% of its outstanding shares at a price of 98.5% of the Fund's net asset value per share, set to commence on March 3, 2026, and end on March 31, 2026, unless extended [2][11] Group 1: Tender Offer Details - The 2026 Tender Offer will be executed at a price equal to 98.5% of the Fund's NAV, minus related costs and expenses [2][3] - If more than 20% of the Fund's shares are tendered, purchases will be made on a pro rata basis [3][6] - The Fund will not conduct the 2026 Tender Offer if shares are trading at a premium to NAV on the commencement date [2] Group 2: Conditional Tender Offer Policy - The Board has changed the measurement period for the performance-related conditional tender offer policy from five years to three years [4] - A Conditional Tender Offer will occur if the Fund's total return performance is less than that of the MSCI China A Onshore Index over the three-year period from July 1, 2025, to June 30, 2028, and if shares are trading at or below NAV at the end of this period [4] - If triggered, the Conditional Tender Offer will allow for the purchase of up to 25% of the Fund's outstanding shares at 98.5% of NAV [5][6] Group 3: Share Repurchase Program - The Fund has a share repurchase program aimed at enhancing stockholder value, having repurchased 302,038 shares at an average discount of -16.57% from NAV between January 1, 2025, and October 31, 2025 [7] - Since the inception of the program, a total of 664,960 shares have been repurchased at an average discount of -17.87% from NAV [7] - The Fund may suspend open market purchases during the Tender Offer period [8] Group 4: Fund Overview - The Fund is a non-diversified, closed-end management investment company that invests at least 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges [9] - As of September 30, 2025, Morgan Stanley Investment Management manages $1.8 trillion in assets [9]