Odd Lot Index

BIRNER DENTAL MANAGEMENT SERVICES INC

Odd lots go first

Read automatically from the filing
StatusClosed
Closing date2006-09-29
How it is pricedFixed price
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formNot stated
Price offeredUSD $28.00 per share
Most an odd-lot tender could be$2,772.00

Where each of these comes from

Every line above was read out of the filing. Here is the wording it was read from, so you can check it.

expiry = 2006-09-29..., INC. OFFER TO PURCHASE UP TO 175,000 SHARES OF BIRNER DENTAL MANAGEMENT SERVICES, INC. COMMON STOCK AT A PRICE NOT GREATER THAN $28.00 NOR LESS THAN $17.50 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS EXPIRE AT 5:00 P.M. MOUNTAIN TIME ON SEPTEMBER 29, 2006, UNLESS THE OFFER IS EXTENDED. We hereby invite our shareholders to tender up to 175,000 shares of our common stock for purchase by us at a price not greater than $28.00 nor less than $17.50 per share, in cash, without interest, upon the t...
listed = True...r set forth on the back cover of this offer to purchase, and copies will be furnished promptly at our expense. Shareholders also may contact their broker, dealer, commercial bank or trust company for assistance concerning the offer. Shares of our common stock are quoted on the Nasdaq Capital Market under the symbol “BDMS.” On August 30, 2006, the last reported sale price of the common stock on the Nasdaq Capital Market was $17.75 per share. WE RECOMMEND THAT YOU OBTAIN CURRENT MARKET QUOTATIONS FOR OUR COMMON STOCK BEFORE DECIDING WHETHER TO TENDER YOUR SHARES. WE HAVE NOT AUTHORIZED ANY PERSON TO MAKE ANY RECOMMENDATION ON OUR BEHALF AS TO WHETH...
mechanism = FIXED...ant to existing board authority, management is also authorized to repurchase up to an additional $599,618 of shares in the open market in the future. See Section 9. How will we pay for the shares? Assuming we purchase 175,000 shares in the tender offer at the purchase price of $28.00 per share (the maximum offer price), $4.9 million will be required to purchase such shares, exclusive of related fees and expenses. We have entered into a loan commitment to finance the purchase of the shares. See Section 11. How long do I have to tender my shares? You may tender your shares until the tender offer expires. The tender offer will ex...
must_tender_all = True...asdaq Capital Market. This condition is a nonwaivable condition to our offer. See Section 7. What happens if more than 175,000 shares are tendered in the tender offer? We will purchase shares: 3 • First, from all holders of “Odd Lots” of fewer than 100 shares who properly tender all of their shares and do not properly withdraw them before the expiration date; and • Second, after purchasing the shares from the “Odd Lot” holders, from all other shareholders who properly tender shares, on a pro rata basis. See Section 1. When will we pay for the shares you tender? We will pay the Purchase Price, net to you in cash, without interest, f...
price = USD 28.0...to an additional $599,618 of shares in the open market in the future. See Section 9. How will we pay for the shares? Assuming we purchase 175,000 shares in the tender offer at the purchase price of $28.00 per share (the maximum offer price), $4.9 million will be required to purchase such shares, exclusive of related fees and expenses. We have entered into a loan commitment to finance the purchase of the shares. See Section 11. How...
priority = True...ur common stock no longer being authorized for trading on the Nasdaq Capital Market. This condition is a nonwaivable condition to our offer. See Section 7. What happens if more than 175,000 shares are tendered in the tender offer? We will purchase shares: 3 • First, from all holders of “Odd Lots” of fewer than 100 shares who properly tender all of their shares and do not properly withdraw them before the expiration date; and • Second, after purchasing the shares from the “Odd Lot” holders, from all other shareholders who properly tender shares, on a pro rata basis. See Section 1. When will we pay for the shares you tender? We will pay the Purchase...
threshold = 100...ing authorized for trading on the Nasdaq Capital Market. This condition is a nonwaivable condition to our offer. See Section 7. What happens if more than 175,000 shares are tendered in the tender offer? We will purchase shares: 3 • First, from all holders of “Odd Lots” of fewer than 100 shares who properly tender all of their shares and do not properly withdraw them before the expiration date; and • Second, after purchasing the shares from the “Odd Lot” holders, from all other shareholders who properly tender shares, on a pro rata basis. See Section 1. When will we pay for the shares you tender? We will pay the Purchase Price,...
txn_type = TENDER_OFFEREX-99.(A)(1)(I) 2 ex99_a1i.htm BIRNER DENTAL MANAGEMENT SERVICES, INC. OFFER TO PURCHASE UP TO 175,000 SHARES OF BIRNER DENTAL MANAGEMENT SERVICES, INC. COMMON STOCK AT A PRICE NOT GREATER THAN $28.00 NOR LESS THAN $17.50 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS EXPIRE AT 5:00 P.M. MOUNTAIN TIME ON SEPTEMBER 29, 2006, UNLESS THE OFFER IS EXTENDED. We hereby invite our shareholders to tender up to 175,000 shares of our commo...

The filings

FiledFormRoleOn EDGAR
2006-08-31SC TO-Ioriginal (governing)View