INTELLIGENT SYSTEMS CORP CCRD
Odd lots go first, market status unclear
Unclear — read the filing yourself
| Status | Closed |
|---|---|
| Closing date | 2001-06-29 |
| How it is priced | Fixed price |
| Odd-lot threshold | Fewer than 100 shares |
| Must tender everything you hold | Not stated |
| Must tick the odd-lot box on the form | Yes |
| Price offered | USD $5.25 per share |
| Most an odd-lot tender could be | $519.75 |
How it finished
| Shares tendered | 1,000,000 |
|---|
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...sactions and Arrangements Concerning Shares. IF I OWN LESS THAN 100 SHARES, AND I TENDER ALL OF MY SHARES, WILL I BE SUBJECT TO PRORATION? If you own beneficially or of record less than 100 shares and you tender all of them before the tender offer expires and complete the section entitled "Odd Lots" in the Letter of Transmittal, we will purchase all of your shares without subjecting them to the proration procedure. See Section 2 - Proration. 3 8 WHEN WILL YOU PAY FOR THE SHARES I TENDER? We will pay the purchase price, net in cash, without interest, for the shares we purchase promptly after the expiration of the tender offer and our acceptance of the shares for...
expiry = 2001-06-29...1 1 EXHIBIT (a)(1)(A) INTELLIGENT SYSTEMS CORPORATION OFFER TO PURCHASE FOR CASH UP TO 1,000,000 SHARES OF ITS COMMON STOCK AT $5.25 PER SHARE THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON FRIDAY, JUNE 29, 2001, UNLESS THE TENDER OFFER IS EXTENDED. Intelligent Systems Corporation is offering to purchase, for a price of $5.25 per share in cash, up to 1,000,000 shares of its Common Stock, under the terms and conditions set forth in this document an...
mechanism = FIXED...ase 1,000,000 shares of our Common Stock, or if less than 1,000,000 shares are properly tendered and not properly withdrawn before the scheduled expiration date of the tender offer, all shares that are properly tendered and not properly withdrawn, at a single purchase price of $5.25 per share, net to the seller in cash, without interest. The term "expiration date" means 12:00 midnight, New York City time, on Friday, June 29, 2001, unless and until we, in our sole discretion, extend the period of time during which the tender offer will remain open, in which event the term "expiration date" refers to the latest time and date at...
price = USD 5.25...roperly tendered and not properly withdrawn before the scheduled expiration date of the tender offer, all shares that are properly tendered and not properly withdrawn, at a single purchase price of $5.25 per share, net to the seller in cash, without interest. The term "expiration date" means 12:00 midnight, New York City time, on Friday, June 29, 2001, unless and until we, in our sole discretion, extend the period of time during...
priority = True...ffer is condition on other factors. See Section 7 - Condition of the Tender Offer. HOW WILL YOU DECIDE THE NUMBER OF SHARES PURCHASED FROM ME? We will purchase all shares properly tendered and not properly withdrawn before the expiration date in the following order of priority: first, by any odd lot holders, meaning those persons who own beneficially or of record an aggregate of fewer than 100 shares, then after the purchase of all of those shares, we will purchase all other shares on a pro rata basis with appropriate adjustments to avoid purchases of fractional shares. If more than 1,000,000 shares are tendered, unless you own less than 100 shares in total, we will not be able to purchase all the shares you tender. Therefore,...
threshold = 100...s practicable after the expiration of the tender offer. We reserve the right to purchase all shares duly tendered by any shareholder who tenders all shares owned beneficially or of record and who, as a result of proration, would then beneficially or of record own an aggregate of fewer than 100 shares. If you own beneficially or of record less than 100 shares, and you properly tender all of them before the tender offer expires and complete the section entitled "Odd Lots" in the related Letter of Transmittal, we will purchase all of your shares without subjecting them to the proration procedure. See Section 2 - Proration. THE TENDER OF...
txn_type = CONSOLIDATION...ries; (b) any purchase, sale or transfer of a material amount of our or any of our subsidiaries' assets; (c) any material change in our present dividend rate or policy, or indebtedness or capitalization other than our previously announced proposal to effect a reverse stock split of our Common Stock (which proposal has been approved by Shareholders but as to which the effective date and split ratio has not yet been determined by our Board of Directors); (d) any change in our present Board of Directors or management including, but not limited to, any plans or proposals to change the number or the term of directors...
txn_type = TENDER_OFFER...0,000 shares (or such lesser number of shares as are properly tendered and not properly withdrawn) of its common stock, par value $0.01 per share, at $5.25 per share, net to the seller in cash, without interest, under the terms and conditions set forth in the Offer to Purchase dated June 1, 2001, and in the related Letter of Transmittal, which together present the tender offer. This Amendment No. 2 to Schedule TO is a final amendment reporting the results of the tender offer. On June 29, 2001, ISC announced it had extended the tender offer for its common stock by extending the expiration date to 12:00 midnight...
tendered = 1000000...iginal Schedule TO (SEC File No. 5-48951) filed with the Securities and Exchange Commission on June 1, 2001, by Intelligent Systems Corporation ("ISC"), relates to the tender offer by ISC to purchase 1,000,000 shares (or such lesser number of shares as are properly tendered and not properly withdrawn) of its common stock, par value $0.01 per share, at $5.25 per share, net to the seller in cash, without interest, under the terms and conditions set forth in the Offer to Purchase dated June 1, 2001, and in the related Letter of Transmittal, which toge...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2001-06-01 | SC TO-I | original (governing) | View |
| 2001-07-20 | SC TO-I/A | amendment | View |