ITEX CORP

election_required = True...o the expiration date by any odd lot holder (as defined below) who: (a) tenders all shares owned beneficially or of record by that odd lot holder (tenders of fewer than all the shares owned by that odd lot holder will not qualify for this preference); and (b) completes the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery. provided however, that this preference to odd lot holders shall be subject to the condition to the tender offer that as a result of the purchase there will not be a reasonable likelihood that shares will be held of record by fewer than 300 persons. If odd lot holders are not given...

expiry = 2012-04-13..._exa1i.htm OFFER TO PURCHASE OFFER TO PURCHASE FOR CASH BY ITEX CORPORATION OF UP TO 1,000,000 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $4.20 PER SHARE THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT (ONE MINUTE AFTER 11:59 P.M.), NEW YORK CITY TIME, ON April 13, 2012, UNLESS THE TENDER OFFER IS EXTENDED. ITEX Corporation, a Nevada corporation (“ITEX” “we” or “us”), is offering to purchase up to 1,000,000 shares of its common stock, par value $0.01 per share, at a price of $4.20 per share, net to the se...

mechanism = FIXEDEX-99.(A)(1)(I) 2 v306280_exa1i.htm OFFER TO PURCHASE OFFER TO PURCHASE FOR CASH BY ITEX CORPORATION OF UP TO 1,000,000 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $4.20 PER SHARE THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT (ONE MINUTE AFTER 11:59 P.M.), NEW YORK CITY TIME, ON April 13, 2012, UNLESS THE TENDER OFFER IS EXTENDED. ITEX Corporation, a Nevada corporation (“ITEX” “we” or “us”), is offering to purchase up to 1,000,000 shares of its common stock, par value $0.01 per share, at a p...

mechanism = FIXED...er, approximately 1,238,095 shares of ITEX common stock were properly tendered and not withdrawn and not excluded because tendered conditionally. ITEX accepted for purchase 1,072,817 shares of its common stock, including all “odd lots” properly tendered, at a purchase price of $4.20 per share, for an aggregate cost of $4,505,831, excluding fees and expenses relating to the tender offer. The total number of shares purchased in the tender offer included an additional 72,817 shares purchased pursuant to ITEX’s right to increase the number of shares purchased by no more than 2 percent of its outstanding shares, without amending o...

must_tender_all = True...nd we will continue to be subject to the periodic reporting requirements of the Exchange Act. What happens if more than 1,000,000 shares are tendered in the tender offer? We will purchase shares: • first, from all holders of “odd lots” of less than 100 shares who properly tender all of their shares and do not properly withdraw them before the expiration date, (provided however, that this preference to odd lot holders shall be subject to the condition to the tender offer that as a result of the purchase there will not be a reasonable likelihood that shares will be held of record by fewer than 300 persons. If odd lot holders are not...

no_priority = True...date, (provided however, that this preference to odd lot holders shall be subject to the condition to the tender offer that as a result of the purchase there will not be a reasonable likelihood that shares will be held of record by fewer than 300 persons. If odd lot holders are not given priority, they will be subject to proration. See Section 1); 5 • second, after purchasing the shares from the “odd lot” holders, from all other stockholders who properly tender shares and who do not properly withdraw them before the expiration date, on a pro rata basis, subject to the conditional tender provisions described in Section 6, with app...

price = USD 4.2EX-99.(A)(1)(I) 2 v306280_exa1i.htm OFFER TO PURCHASE OFFER TO PURCHASE FOR CASH BY ITEX CORPORATION OF UP TO 1,000,000 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $4.20 PER SHARE THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT (ONE MINUTE AFTER 11:59 P.M.), NEW YORK CITY TIME, ON April 13, 2012, UNLESS THE TENDER OFFER IS EXTENDED. ITEX Corporation, a Nevada corporation (“IT...

price = USD 4.2...e(2) $4,200,000 $481.32 (1) Estimated for purposes of calculating the amount of the filing fee only. The amount assumes the purchase of a total of 1,000,000 shares of common stock at a price of $4.20 per share in cash. (2) The amount of the filing fee was calculated in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended, as modified by Fee Rate Advisory #3 for fiscal year 2012, and equals $114.60 per $1,00...

price = USD 4.2...nd not withdrawn and not excluded because tendered conditionally. ITEX accepted for purchase 1,072,817 shares of its common stock, including all “odd lots” properly tendered, at a purchase price of $4.20 per share, for an aggregate cost of $4,505,831, excluding fees and expenses relating to the tender offer. The total number of shares purchased in the tender offer included an additional 72,817 shares purchased pursuant to ITEX’s...

threshold = 100...pecified number of shares, none of those shares will be purchased. Odd Lots. For purposes of the tender offer, the term “odd lots” shall mean all shares properly tendered prior to the expiration date and not properly withdrawn by any person referred to as an “odd lot holder” who owns beneficially or of record an aggregate of fewer than 100 shares and so certifies in the appropriate place on the Letter of Transmittal and, if applicable, on 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, odd l...

txn_type = TENDER_OFFEREX-99.(A)(1)(I) 2 v306280_exa1i.htm OFFER TO PURCHASE OFFER TO PURCHASE FOR CASH BY ITEX CORPORATION OF UP TO 1,000,000 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $4.20 PER SHARE THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT (ONE MINUTE AFTER 11:59 P.M.), NEW YORK CITY TIME, ON April 13, 2012, UNLESS THE TENDER OFFER IS EXTENDED. ITEX Corporation, a Nevada corp...

txn_type = TENDER_OFFER...O relates to an offer by ITEX to purchase for cash up to 1,000,000 shares of its common stock, par value $0.01 per share, at a price of $4.20 per share, net to the seller in cash, without interest, upon and subject to the terms and conditions described in the Offer to Purchase, dated March 16, 2012 (the “Offer to Purchase”), and the related Letter of Transmittal (the “Letter of Transmittal”), which, in each case, as amended and supplemented from time to time, constitute the tender offer and which are appended to and filed with the Schedule TO as Exhibits (a)(1)(i) and (a)(1)(ii), respectively. All information...

txn_type = TENDER_OFFER...ry Results of Its Tender Offer Bellevue, WA – April 16, 2012 – ITEX Corporation (OTCBB: ITEX), The Membership Trading CommunitySM, a leading marketplace for cashless business transactions in North America, announced today the preliminary results of its tender offer to purchase up to 1,000,000 shares of its common stock at a price of $4.20 per share, which expired at 12:00 midnight, New York City time, on Friday, April 13, 2012. Based on the preliminary count by OTR, Inc., the Depositary for the tender offer, approximately 1,226,253 shares of ITEX’s common stock were properly tendered and not withdrawn. Accordi...

txn_type = TENDER_OFFER...EX Announces Final Results of Tender Offer Bellevue, WA – April 20, 2012 – ITEX Corporation (OTCBB: ITEX), The Membership Trading CommunitySM, a leading marketplace for cashless business transactions in North America, announced the final results of its tender offer to purchase up to 1,000,000 shares of its common stock at a price of $4.20 per share, which expired at 12:00 midnight, New York City time, on Friday, April 13, 2012. Based on the final tabulation by OTR, Inc., the Depositary for the tender offer, approximately 1,238,095 shares of ITEX common stock were properly tendered and not withdrawn and not exc...

accepted = 1072817...n by OTR, Inc., the Depositary for the tender offer, approximately 1,238,095 shares of ITEX common stock were properly tendered and not withdrawn and not excluded because tendered conditionally. ITEX accepted for purchase 1,072,817 shares of its common stock, including all “odd lots” properly tendered, at a purchase price of $4.20 per share, for an aggregate cost of $4,505,831, excluding fees and expenses relating to the tender offer. The total number of shares purchased in the tender offer included an additional...

final_price = 4.2...were properly tendered and not withdrawn and not excluded because tendered conditionally. ITEX accepted for purchase 1,072,817 shares of its common stock, including all “odd lots” properly tendered, at a purchase price of $4.20 per share, for an aggregate cost of $4,505,831, excluding fees and expenses relating to the tender offer. The total number of shares purchased in the tender offer included an additional 72,817 shares purchased pursuant to ITEX’s right to increase the number of shares purchased by no more...

proration_pct = 86.6...ommon stock (including shares of unvested restricted stock) prior to completion of the purchase. ITEX has been informed by the Depositary that, after giving effect to the priority for “odd lots,” the final proration factor was approximately 86.6%. The Depositary will promptly issue payment for the shares validly tendered and accepted for purchase and will return all other shares tendered. After giving effect to the purchase of shares in the tender offer, ITEX expects to have approximately 2,968,108 shares of its common s...

tendered = 1238095...rice of $4.20 per share, which expired at 12:00 midnight, New York City time, on Friday, April 13, 2012. Based on the final tabulation by OTR, Inc., the Depositary for the tender offer, approximately 1,238,095 shares of ITEX common stock were properly tendered and not withdrawn and not excluded because tendered conditionally. ITEX accepted for purchase 1,072,817 shares of its common stock, including all “odd lots” properly tendered, at a purchase price of $4.20 per share, for an aggregate cost of $4,505,831, excluding fees and expense...