Odd Lot Index

Good Times Restaurants Inc. GTIM

Odd lots go first

Read automatically from the filing
StatusClosed
Closing date2021-09-10
How it is pricedFixed price
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formYes
Cleared at$4.60
Most an odd-lot tender could be$455.40

How it finished

Shares tendered1,413,000

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.

election_required = True...oration? If you own, beneficially or of record, fewer than 100 shares in the aggregate, you validly tender all of these shares prior to the Expiration Time (and do not validly withdraw such shares), all conditions to the Offer are satisfied or waived, and you complete the Section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery, we will purchase all of your shares without subjecting them to the proration procedure. See Section 1. 8 Once I have tendered shares in the Offer, can I withdraw my tender? Yes. You may withdraw your tendered shares at any time prior to the Expiration Time. In addition, unless we...
expiry = 2021-09-10...EXHIBIT 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY GOOD TIMES RESTAURANTS INC. 1,413,000 SHARES OF ITS OUTSTANDING COMMON SHARES AT A PURCHASE PRICE OF $4.60 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON SEPTEMBER 10, 2021, UNLESS THE OFFER IS EXTENDED OR TERMINATED (SUCH TIME, AS IT MAY BE EXTENDED, THE “EXPIRATION TIME”). Good Times Restaurants Inc., a Nevada corporation (the “Company,” “Good Times,” “we,” or “us”), is offering to purchase your shares of o...
listed = True...ed at our expense promptly following the expiration of the Offer. See Section 3. The Offer is not conditioned upon any minimum number of shares being tendered. The Offer is, however, subject to a number of other terms and conditions. See Section 7. Our shares are listed on the Nasdaq Capital Market (“Nasdaq”) and trade under the symbol “GTIM.” We announced our intention to make the Offer at a price per share of $4.60 after the market closed on August 10, 2021. Prior to the announcement of the proposed tender offer, after market close on August 10, 2021, the reported price of our common stock on Nasdaq was $4.50 per share. You are ur...
mechanism = FIXEDEX-99.(A)(1)(A) 2 ex99_a1a.htm EXHIBIT 99.(A)(1)(A) EXHIBIT 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY GOOD TIMES RESTAURANTS INC. 1,413,000 SHARES OF ITS OUTSTANDING COMMON SHARES AT A PURCHASE PRICE OF $4.60 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON SEPTEMBER 10, 2021, UNLESS THE OFFER IS EXTENDED OR TERMINATED (SUCH TIME, AS IT MAY BE EXTENDED, THE “EXPIRATION TIME”). Good Times Restaurants Inc., a Nevada corporation (the “Company,” “Good Times,” “we,” or “us”), is offering to purchase your shares of...
must_tender_all = True...to the Expiration Time) subject to a conditional tender as described in Section 6 and for which the condition was not initially satisfied, by random lot. To be eligible for purchase by random lot, shareholders whose shares are conditionally tendered must have tendered all of their shares. See Section 6. If I own fewer than 100 shares and I tender all of my shares, will I be subject to proration? If you own, beneficially or of record, fewer than 100 shares in the aggregate, you validly tender all of these shares prior to the Expiration Time (and do not validly withdraw such shares), all conditions to the Offer are satisfi...
price = USD 4.6....(A)(1)(A) 2 ex99_a1a.htm EXHIBIT 99.(A)(1)(A) EXHIBIT 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY GOOD TIMES RESTAURANTS INC. 1,413,000 SHARES OF ITS OUTSTANDING COMMON SHARES AT A PURCHASE PRICE OF $4.60 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON SEPTEMBER 10, 2021, UNLESS THE OFFER IS EXTENDED OR TERMINATED (SUCH TIME, AS IT MAY BE EXTENDED, THE “EXPIRATION TIME”). Good Times Rest...
priority = True...idly withdrawn. If the terms and conditions of the Offer have been satisfied or waived and more than the Maximum Purchase Amount are validly tendered and not validly withdrawn prior to the Expiration Time of the Offer, we will purchase shares in the following order of priority: • First, all shares that have been validly tendered (and not validly withdrawn prior to the Expiration Time) by holders of “odd lots” of fewer than 100 shares who provide the required certificates as described below under “Odd Lots”; and • Second, all other tendered shares (other than conditionally tendered shares for which the condition was not satisfied) validly tendered and not validly withdrawn prior to the Expiration Time, on a pro rata basis if necessary, based on the number of sh...
threshold = 100...alidly withdrawn, which represents approximately 11% of the total number of shares issued and outstanding as of August 9, 2021. If more than 1,413,000 shares are properly tendered, we will purchase all shares properly tendered on a pro rata basis, except for “odd lots” (lots held by owners of fewer than 100 shares), which we will purchase on a priority basis, and conditional tenders whose condition was not met, which we will not purchase (except as described in Section 6). We also expressly reserve the right to purchase additional shares, up to 2% of our outstanding shares (approximately 256,585 shares, based on 12,829,267 shares of our common sto...
txn_type = TENDER_OFFEREX-99.(A)(1)(A) 2 ex99_a1a.htm EXHIBIT 99.(A)(1)(A) EXHIBIT 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY GOOD TIMES RESTAURANTS INC. 1,413,000 SHARES OF ITS OUTSTANDING COMMON SHARES AT A PURCHASE PRICE OF $4.60 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON SEPTEMBER 10, 2021, UNLESS THE OFFER IS EXTENDED OR TERMINATED (SUCH TIME, AS IT MAY BE EXTENDED, THE “EXPIRATION TIME”). Good T...
final_price = 4.6EX-99.(A)(1)(A) 2 ex99_a1a.htm EXHIBIT 99.(A)(1)(A) EXHIBIT 99(a)(1)(A) OFFER TO PURCHASE FOR CASH BY GOOD TIMES RESTAURANTS INC. 1,413,000 SHARES OF ITS OUTSTANDING COMMON SHARES AT A PURCHASE PRICE OF $4.60 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON SEPTEMBER 10, 2021, UNLESS THE OFFER IS EXTENDED OR TERMINATED (SUCH TIME, AS IT MAY BE EXTENDED, THE “EXPIRATION TIME”). Good Times Restaurants Inc., a Nevada corporation (the “Company,” “Good Tim...
tendered = 1413000...e, constitute the “Offer”). Unless the context otherwise requires, all references to shares shall refer to the shares of common stock of the Company, par value $.001 per share. We will purchase up to 1,413,000 shares in the Offer. Only shares properly tendered and not properly withdrawn will be purchased. Due to the “odd lot” priority, proration and conditional tender offer provisions described in this Offer to Purchase, all of the shares tendered may not be purchased if more than the number of shares we seek are properly tendered. Sh...

The filings

FiledFormRoleOn EDGAR
2021-08-13SC TO-Ioriginal (governing)View