Odd Lot Index

INDEPENDENCE HOLDING CO

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2020-05-21
How it is pricedFixed price
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdNot stated
Must tick the odd-lot box on the formYes
Price offeredUSD $27.00 per share
Most an odd-lot tender could be$2,673.00

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.

election_required = True...ewer than 100 shares of IHC common stock and I tender all of my shares, will I be subject to proration? If you own fewer than 100 shares of IHC common stock in the aggregate, properly tender and do not withdraw all of your Shares prior to the Expiration Time, complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery, and all conditions to the Offer are satisfied or waived, we will purchase all of your Shares without proration. Section 1 “Number of Shares of IHC Common Stock; Purchase Price; Proration.” 11 If I tender my Shares, can I withdraw my tender, and if so, until what time may I withdra...
expiry = 2020-05-21...Offer to Purchase for Cash by Independence Holding Company of Up to 1,000,000 Shares of its Common Stock At a Purchase Price of $27.00 Net Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON THURSDAY, MAY 21, 2020, UNLESS THE OFFER IS EXTENDED OR WITHDRAWN (SUCH DATE, AS IT MAY BE EXTENDED, THE “EXPIRATION TIME”). Independence Holding Company, a Delaware corporation (the “Company” or “IHC”), is offering to purchase for cash up to 1,000,000 shares of...
listed = True...re were 14,785,565 shares of our common stock issued and outstanding. The 1,000,000 Shares that we are offering to purchase under the Offer represent approximately 6.8% of our shares of common stock outstanding as of April 24, 2020. Our shares of common stock are listed on the NYSE and trade under the symbol “IHC.” We announced our intention to make the Offer at a price per share of $27.00 after the market closed on April 17, 2020. Immediately prior to the announcement after market close on April 17, 2020 of the proposed tender offer, the reported price of IHC common stock on the NYSE was $26.00 per share. You are...
mechanism = FIXED...legally required. 15 INTRODUCTION To the Stockholders of IHC: Introduction Upon the terms and subject to the conditions of the Offer, we are offering to purchase from our stockholders up to 1,000,000 shares of our common stock, par value $1.00 per share, at a Purchase Price of $27.00 per Share, net to the seller in cash, without interest, less any applicable withholding tax. The Offer will expire at 5:00 p.m., Eastern Time, on Thursday, May 21, 2020, unless the Offer is extended or withdrawn. Only Shares properly tendered in the Offer and not properly withdrawn that are accepted by us will be purchased upon the terms and subje...
price = USD 27.0...the terms and subject to the conditions of the Offer, we are offering to purchase from our stockholders up to 1,000,000 shares of our common stock, par value $1.00 per share, at a Purchase Price of $27.00 per Share, net to the seller in cash, without interest, less any applicable withholding tax. The Offer will expire at 5:00 p.m., Eastern Time, on Thursday, May 21, 2020, unless the Offer is extended or withdrawn. Only Shares prop...
threshold = 100...f the Offer, all of the Shares tendered and not properly withdrawn will be subject to the “odd lot” priority and proration provisions described herein. For more information, see Section 1 “Number of Shares of IHC Common Stock; Purchase Price; Proration.” If I own fewer than 100 shares of IHC common stock and I tender all of my shares, will I be subject to proration? If you own fewer than 100 shares of IHC common stock in the aggregate, properly tender and do not withdraw all of your Shares prior to the Expiration Time, complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Not...
txn_type = CONSOLIDATION...endered. The Offer is, however, subject to the satisfaction of certain conditions set forth in this Offer to Purchase. For more information, see Section 6 “Conditions of the Offer.” The Purchase Price will be adjusted to reflect the effect of any stock split, reverse stock split, stock dividend, cash dividend, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to shares of IHC common stock that occurs on or after April 24, 2020 and prior to the date any Shares are accepted for payment. If more than 1,000,000 Shares are properly tendered pursuant...

The filings

FiledFormRoleOn EDGAR
2020-04-24SC TO-Ioriginal (governing)View