IMH Financial Corp
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.
No closing date could be read from these filings. Nothing has been filed for this offer in over six months, so it is treated as closed — a tender offer cannot run that long. Check the filings below if you think otherwise.
| Status | Closed (assumed) |
|---|---|
| Closing date | could not be read; last filing 2018-11-16 |
| How it is priced | Fixed price |
| Odd-lot threshold | Fewer than 100 shares |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Yes |
| Cleared at | $2.00 |
| Most an odd-lot tender could be | $198.00 |
How it finished
| Shares tendered | 500,000 |
|---|
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...operly tendered Shares on the basis set forth below: · First, we will purchase all Shares tendered by all holders of “odd lots” (as defined below) who tender all Shares owned beneficially or of record (partial tenders will not qualify for this preference) and complete the section entitled “Odd Lots” in the Letter of Transmittal. · Second, we will purchase all other Shares tendered on a pro rata basis with appropriate adjustments to avoid purchases of fractional shares, as described below. Odd Lots. The term "odd lots" means all Shares tendered by any person who owned beneficially or of record a total of fewer than 100 Shares and so certified in the appropriate...
mechanism = FIXED...se.htm EXHIBIT 99.(A)(1)(A) Exhibit Exhibit (a)(1)(A) IMH FINANCIAL CORPORATION Offer to Purchase for Cash up to 500,000 Shares of its Class B-1 common stock, Class B-2 common stock, Class B-3 common stock, Class B-4 common stock and Class C common stock at a Purchase Price of $2.00 Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON [●], UNLESS THE OFFER TO PURCHASE IS EXTENDED. Dear Stockholder: IMH Financial Corporation, a Delaware corporation ("IMH," "we," "our," "us," or the "Company"), is offering to purchase up to 500,000 of its Class B-1 common stock, Class B-2 common...
must_tender_all = True...l we purchase? We will purchase 500,000 Shares in the Offer, or such lesser number of Shares as are properly tendered and not withdrawn. If more than 500,000 Shares are tendered, we will first purchase Shares from holders of less than 100 Shares (“odd lots”), who properly tender all, but not less than all, of their Shares, then we will purchase Shares from all other shareholders who tender, on a pro rata basis, with appropriate adjustments to avoid purchases of fractional shares. Any fractional share resulting from the proration will be rounded down to the nearest whole share. The Offer is not conditioned on any minimum number of Shares being tendered. If...
price = USD 2.0...Offer to Purchase for Cash up to 500,000 Shares of its Class B-1 common stock, Class B-2 common stock, Class B-3 common stock, Class B-4 common stock and Class C common stock at a Purchase Price of $2.00 Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON [●], UNLESS THE OFFER TO PURCHASE IS EXTENDED. Dear Stockholder: IMH Financial Corporation, a Delaware corporation ("IMH," "we...
threshold = 100...the Letter of Transmittal. · Second, we will purchase all other Shares tendered on a pro rata basis with appropriate adjustments to avoid purchases of fractional shares, as described below. Odd Lots. The term "odd lots" means all Shares tendered by any person who owned beneficially or of record a total of fewer than 100 Shares and so certified in the appropriate place on the Letter of Transmittal. To qualify for the odd lot preference, an odd lots holder must tender all Shares owned in accordance with the procedures described in Section 3. Odd lots will be accepted for payment before any proration of the purchase of other tendered Shares. Any odd lot holder wi...
txn_type = TENDER_OFFEREX-99.(A)(1)(A) 2 exa1aoffertopurchase.htm EXHIBIT 99.(A)(1)(A) Exhibit Exhibit (a)(1)(A) IMH FINANCIAL CORPORATION Offer to Purchase for Cash up to 500,000 Shares of its Class B-1 common stock, Class B-2 common stock, Class B-3 common stock, Class B-4 common stock and Class C common stock at a Purchase Price of $2.00 Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON [●], UNLESS THE OFFER TO PURCHASE IS EXTENDED. Dea...
untradeable = True...our outstanding Class B-1 common stock, Class B-2 common stock, Class B-3 common stock, Class B-4 common stock and Class C common stock. See Section 1. What will the purchase price for the Shares be? We are offering to purchase the Shares for $2.00 per share. There is no market for the Shares where you can obtain a current market quotation for the Shares prior to making a decision regarding this Offer. See Sections 1 and 8. How was the purchase price determined? We determined the purchase price per Share after considering a variety of factors, including, without limitation, our operating results and history. Neither we nor an...
final_price = 2.0...MH FINANCIAL CORPORATION Offer to Purchase for Cash up to 500,000 Shares of its Class B-1 common stock, Class B-2 common stock, Class B-3 common stock, Class B-4 common stock and Class C common stock at a Purchase Price of $2.00 Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON [●], UNLESS THE OFFER TO PURCHASE IS EXTENDED. Dear Stockholder: IMH Financial Corporation, a Delaware corporation ("IMH," "we," "our," "us," or the "Company"), is offering to purchase u...
tendered = 500000...your Shares that we purchase pursuant to the Offer. We will pay the purchase price promptly after the expiration of the Offer period. See Section 5. How many Shares will we purchase? We will purchase 500,000 Shares in the Offer, or such lesser number of Shares as are properly tendered and not withdrawn. If more than 500,000 Shares are tendered, we will first purchase Shares from holders of less than 100 Shares (“odd lots”), who properly tender all, but not less than all, of their Shares, then we will purchase Shares from all other shareholders who tender, on...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2018-11-16 | SC TO-I | original (governing) | View |