GigOptix, Inc.
Not traded — nothing to buy
Read automatically from the filing
The filing says these shares are not traded on any market. The odd-lot term may be real, but there is no way to buy the shares, so there is no trade here.
In a Dutch auction, tendering too high can cost you the priority. The company picks the lowest price that buys the shares it wants, and everyone at or below that price gets it. Tender above it and your shares come back unpurchased — and because you are not in the accepted pool at all, the odd-lot priority never applies. Most offers have a box meaning "accept whatever price is determined", which keeps you in the pool; the trade-off is that you give up any say in the price. The filing explains both.
| Status | Closed |
|---|---|
| Closing date | 2012-05-15 |
| How it is priced | Dutch auction |
| Odd-lot threshold | Fewer than 100 shares |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Not stated |
| Price offered | USD $2.85 to $3.10 per share |
| Most an odd-lot tender could be | $282.15 to $306.90 |
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 = 2012-04-24...de whether to tender my shares in the Offer? Can GigOptix extend the Offer past the initial Expiration Date? • You may tender your shares until our Offer expires. Currently, our Offer is scheduled to expire at 5:00 p.m., New York City time, on Tuesday, April 24, 2012. If your shares are held by a nominee or broker, they may have an earlier deadline for accepting the Offer. • Yes, we can extend our Offer past this scheduled Expiration Date in our sole discretion. If we choose to do so, you will be able...
expiry = 2012-04-24...de whether to tender my shares in the Offer? Can GigOptix extend the Offer past the initial Expiration Date? • You may tender your shares until our Offer expires. Currently, our Offer is scheduled to expire at 11:59 p.m., New York City time, on Tuesday, April 24, 2012. If your shares are held by a nominee or broker, they may have an earlier deadline for accepting the Offer. • Yes, we can extend our Offer past this scheduled Expiration Date in our sole discretion. If we choose to do so, you will be able...
expiry = 2012-05-15...de whether to tender my shares in the Offer? Can GigOptix extend the Offer past the initial Expiration Date? • You may tender your shares until our Offer expires. Currently, our Offer is scheduled to expire at 11:59 p.m., New York City time, on Tuesday, May 15, 2012. If your shares are held by a nominee or broker, they may have an earlier deadline for accepting the Offer. • Yes, we can extend our Offer past this scheduled Expiration Date in our sole discretion. If we choose to do so, you will be able...
mechanism = DUTCH...2012, the last trading day prior to the announcement of our Offer, the low end of the price range, $2.85 per share, is greater than $2.70, the closing price per share on the OTC Bulletin Board. We are conducting our Offer through a procedure commonly called a modified “Dutch auction.” This procedure enables you to choose a price within a price range at which you are willing to sell your shares. • We will review the prices chosen by shareholders who have properly tendered their shares. We will then select the lowest price that will enable us to purchase $2 million in value of our shares, based upon the number of shar...
mechanism = DUTCH...2012, the last trading day prior to the announcement of our Offer, the low end of the price range, $2.85 per share, is greater than $2.70, the closing price per share on the OTC Bulletin Board. We are conducting our Offer through a procedure commonly called a modified “Dutch auction.” This procedure enables you to choose a price within a price range at which you are willing to sell your shares. • We will review the prices chosen by shareholders who have properly tendered their shares. We will then select the lowest price that will enable us to purchase $2 million in value of our shares, based upon the number of shar...
mechanism = DUTCH...2012, the last trading day prior to the announcement of our Offer, the low end of the price range, $2.85 per share, is greater than $2.70, the closing price per share on the OTC Bulletin Board. We are conducting our Offer through a procedure commonly called a modified “Dutch auction.” This procedure enables you to choose a price within a price range at which you are willing to sell your shares. • We will review the prices chosen by shareholders who have properly tendered their shares. We will then select the lowest price that will enable us to purchase $2 million in value of our shares, based upon the number of shar...
mechanism = DUTCHEX-99.(A)(5)(V) 2 d353800dex99a5v.htm PRESS RELEASE Press Release Exhibit (a) (5) (v) GIGOPTIX ANNOUNCES PRELIMINARY RESULTS OF MODIFIED DUTCH AUCTION TENDER OFFER SAN JOSE, CALIF. – May 16, 2012 – GigOptix, Inc. (NYSE MKT: GIG) (“GigOptix”), a leading fabless supplier of semiconductor and optical components that enable high speed information streaming, announced today the preliminary results of its modified Dutch auction tender offer, which expired at 11:59 p.m., New York City time, o...
mechanism = DUTCHEX-99.(A)(5)(VI) 2 d355067dex99a5vi.htm PRESS RELEASE Press Release Exhibit (a)(5)(vi) GIGOPTIX ANNOUNCES FINAL RESULTS OF MODIFIED DUTCH AUCTION TENDER OFFER GigOptix Accepts for Purchase Approximately 700,000 Shares of its Common Stock for Approximately $2.0 Million SAN JOSE, CALIF. – May 22, 2012 – GigOptix, Inc. (NYSE MKT: GIG) (“GigOptix”), a leading fabless supplier of semiconductor and optical components that enable high speed information streaming, announced today the fina...
must_tender_all = True...stock after the Offer is completed. We caution readers that the important factors, including without limitation the price at which we ultimately determine to purchase shares in the Offer, the number of shares tendered in the Offer, the number of shareholders who tender all of their shares of our common stock in the Offer, general market conditions and other factors discussed in other documents filed by us with the SEC, among others, could cause our actual results to differ materially from statements contained in this Offer. Forward-looking statements are not guarantees of future performance and are subject to risks, uncer...
must_tender_all = True...stock after the Offer is completed. We caution readers that the important factors, including without limitation the price at which we ultimately determine to purchase shares in the Offer, the number of shares tendered in the Offer, the number of shareholders who tender all of their shares of our common stock in the Offer, general market conditions and other factors discussed in other documents filed by us with the SEC, among others, could cause our actual results to differ materially from statements contained in this Offer. Forward-looking statements are not guarantees of future performance and are subject to risks, uncer...
must_tender_all = True...stock after the Offer is completed. We caution readers that the important factors, including without limitation the price at which we ultimately determine to purchase shares in the Offer, the number of shares tendered in the Offer, the number of shareholders who tender all of their shares of our common stock in the Offer, general market conditions and other factors discussed in other documents filed by us with the SEC, among others, could cause our actual results to differ materially from statements contained in this Offer. Forward-looking statements are not guarantees of future performance and are subject to risks, uncer...
price = USD 2.85-3.1...aware corporation. What is GigOptix, Inc. Offering to purchase? • We are offering to purchase up to $2 million in value of shares. See Section 1. What is the purchase price? • The price range for our Offer is $2.85 to $3.10 per share. As of March 27, 2012, the last trading day prior to the announcement of our Offer, the low end of the price range, $2.85 per share, is greater than $2.70, the closing price per share on the OTC Bulletin Board...
price = USD 2.85-3.1...aware corporation. What is GigOptix, Inc. Offering to purchase? • We are offering to purchase up to $2 million in value of shares. See Section 1. What is the purchase price? • The price range for our Offer is $2.85 to $3.10 per share. As of March 27, 2012, the last trading day prior to the announcement of our Offer, the low end of the price range, $2.85 per share, is greater than $2.70, the closing price per share on the OTC Bulletin Board...
price = USD 2.85-3.1...aware corporation. What is GigOptix, Inc. Offering to purchase? • We are offering to purchase up to $2 million in value of shares. See Section 1. What is the purchase price? • The price range for our Offer is $2.85 to $3.10 per share. As of March 27, 2012, the last trading day prior to the announcement of our Offer, the low end of the price range, $2.85 per share, is greater than $2.70, the closing price per share on the OTC Bulletin Board...
price = USD 2.85...& Trust Company, LLC, the depositary for the tender offer, a total of 1,707,712 shares of GigOptix’s common stock were properly tendered and not properly withdrawn at or below the purchase price of $2.85 per share. In accordance with the terms and conditions of the tender offer, and based on the preliminary count by the depositary, GigOptix expects to acquire approximately 701,754 shares of its common stock at a price of $2.85 pe...
price = USD 2.85...11:59 p.m., New York City time, on Tuesday, May 15, 2012. A total of 1,693,614 shares of GigOptix’s common stock were properly tendered and not properly withdrawn at or below the purchase price of $2.85 per share. In accordance with the terms and conditions of the tender offer, GigOptix acquired approximately 701,754 shares of its common stock at a price of $2.85 per share, for an aggregate cost of approximately $2.0 million, ex...
threshold = 100...ing provisions will apply to the greater value. Odd Lots. For purposes of the Offer, the term “odd-lots” means all shares properly tendered at prices at or below the Final Purchase Price held by a shareholder who owns beneficially or of record an aggregate of fewer than 100 shares, which we refer to as an “odd-lot holder,” and so certifies in the appropriate place on the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery. To qualify for this preference, an odd-lot holder must tender all shares owned beneficially or of record by the odd-lot holder in accordance with the procedures described in Section 3. As set forth above,...
threshold = 100...ing provisions will apply to the greater value. Odd Lots. For purposes of the Offer, the term “odd-lots” means all shares properly tendered at prices at or below the Final Purchase Price held by a shareholder who owns beneficially or of record an aggregate of fewer than 100 shares, which we refer to as an “odd-lot holder,” and so certifies in the appropriate place on the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery. To qualify for this preference, an odd-lot holder must tender all shares owned beneficially or of record by the odd-lot holder in accordance with the 5 Table of Contents procedures described in Section 3....
threshold = 100...ing provisions will apply to the greater value. Odd Lots. For purposes of the Offer, the term “odd-lots” means all shares properly tendered at prices at or below the Final Purchase Price held by a shareholder who owns beneficially or of record an aggregate of fewer than 100 shares, which we refer to as an “odd-lot holder,” and so certifies in the appropriate place on the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery. To qualify for this preference, an odd-lot holder must tender all shares owned beneficially or of record by the odd-lot holder in accordance with the 5 Table of Contents procedures described in Section 3....
txn_type = TENDER_OFFEREX-99.A.1.A 2 d325693dex99a1a.htm EXHIBIT (A)(1)(A) Exhibit (a)(1)(A) Table of Contents Exhibit (a)(1)(A) Offer to Purchase for Cash by GigOptix, Inc. of Up to $2,000,000 in Value of shares of Its Common Stock At a Purchase Price Not Greater than $3.10 per share Nor Less than $2.85 per share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON THE NIGHT OF TUESDAY, APRIL 24, 2012, UNLESS THE OFFER IS EXTENDED (SUC...
txn_type = TENDER_OFFEREX-99.A.1.A 2 d335739dex99a1a.htm EXHIBIT (A)(1)(A) Exhibit (a)(1)(A) Table of Contents Exhibit (a)(1)(A) Amended Offer to Purchase for Cash by GigOptix, Inc. of Up to $2,000,000 in Value of shares of Its Common Stock At a Purchase Price Not Greater than $3.10 per share Nor Less than $2.85 per share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON THE NIGHT OF TUESDAY, APRIL 24, 2012, UNLESS THE OFFER IS EXTENDED (SU...
txn_type = TENDER_OFFEREX-99.A.1.A 2 d335739dex99a1a.htm EXHIBIT (A)(1)(A) Exhibit (a)(1)(A) Table of Contents Exhibit (a)(1)(A) Amended Offer to Purchase for Cash by GigOptix, Inc. of Up to $2,000,000 in Value of shares of Its Common Stock At a Purchase Price Not Greater than $3.10 per share Nor Less than $2.85 per share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON THE NIGHT OF TUESDAY, MAY 15, 2012, UNLESS THE OFFER IS EXTENDED (SUCH...
txn_type = TENDER_OFFEREX-99.(A)(5)(V) 2 d353800dex99a5v.htm PRESS RELEASE Press Release Exhibit (a) (5) (v) GIGOPTIX ANNOUNCES PRELIMINARY RESULTS OF MODIFIED DUTCH AUCTION TENDER OFFER SAN JOSE, CALIF. – May 16, 2012 – GigOptix, Inc. (NYSE MKT: GIG) (“GigOptix”), a leading fabless supplier of semiconductor and optical components that enable high speed information streaming, announced today the preliminary results of its modified Dutch auction tender offer, which expired at 11:59 p.m., New York City time, on Tuesday, Ma...
txn_type = TENDER_OFFEREX-99.(A)(5)(VI) 2 d355067dex99a5vi.htm PRESS RELEASE Press Release Exhibit (a)(5)(vi) GIGOPTIX ANNOUNCES FINAL RESULTS OF MODIFIED DUTCH AUCTION TENDER OFFER GigOptix Accepts for Purchase Approximately 700,000 Shares of its Common Stock for Approximately $2.0 Million SAN JOSE, CALIF. – May 22, 2012 – GigOptix, Inc. (NYSE MKT: GIG) (“GigOptix”), a leading fabless supplier of semiconductor and optical components that enable high speed information streaming, announced today the final results of...
untradeable = True...final and binding on all parties, subject to any determination by a court of competent jurisdiction. 8. Price Range of Shares. Our common stock first traded on the OTC Bulletin Board under the symbol “GGOX” on December 10, 2008. Prior to that time, there was no public market for our common stock. The following table sets forth the low and high sale price of our common stock in each of our last eight fiscal quarters as quoted on the OTC Bulletin Board. Price per Share of Common Stock High Low Fiscal 2011 quarter ended: April 3, 2011 $ 3.75 $ 2.49 July 3, 2011 $ 2.75 $ 2.00 October 2, 2011 $ 2.40 $ 1.65 December 31, 2011 $ 1.90 $...
untradeable = True...final and binding on all parties, subject to any determination by a court of competent jurisdiction. 8. Price Range of Shares. Our common stock first traded on the OTC Bulletin Board under the symbol “GGOX” on December 10, 2008. Prior to that time, there was no public market for our common stock. The following table sets forth the low and high sale price of our common stock in each of our last eight fiscal quarters as quoted on the OTC Bulletin Board. Price per Share of Common Stock High Low Fiscal 2011 quarter ended: April 3, 2011 $ 3.75 $ 2.49 July 3, 2011 $ 2.75 $ 2.00 October 2, 2011 $ 2.40 $ 1.65 December 31, 2011 $ 1.90 $...
untradeable = True...final and binding on all parties, subject to any determination by a court of competent jurisdiction. 8. Price Range of Shares. Our common stock first traded on the OTC Bulletin Board under the symbol “GGOX” on December 10, 2008. Prior to that time, there was no public market for our common stock. The following table sets forth the low and high sale price of our common stock in each of our last eight fiscal quarters as quoted on the OTC Bulletin Board. Price per Share of Common Stock High Low Fiscal 2011 quarter ended: April 3, 2011 $ 3.75 $ 2.49 July 3, 2011 $ 2.75 $ 2.00 October 2, 2011 $ 2.40 $ 1.65 December 31, 2011 $ 1.90 $...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2012-03-28 | SC TO-I | original (governing) | View |
| 2012-04-17 | SC TO-I/A | amendment | View |
| 2012-04-23 | SC TO-I/A | amendment | View |
| 2012-05-16 | SC TO-I/A | amendment | View |
| 2012-05-22 | SC TO-I/A | amendment | View |