Odd Lot Index

Optimum Communications, Inc. OPTU

Odd lots go first

Read automatically from the filing
StatusClosed
Closing date2026-06-30
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
Price offeredUSD $2.50 per share
Cleared at$2.50
Most an odd-lot tender could be$247.50

How it finished

Odd-lot holder (under 100 shares)100%
Everyone else48.6%
Expired2026-06-30
Shares accepted120,000,000
Proration factor48.6%

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...es, 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 before the Expiration Time) and you 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 subjecting them to proration. See Section 1. 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...
expiry = 2026-06-30...ns, Inc. For up to 120,000,000 shares of Class A Common Stock of Optimum Communications, Inc. At a Purchase Price of $2.50 Per Share CUSIP: 02156K103 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON JUNE 30, 2026, UNLESS CSC INVESTMENTS II LLC EXTENDS OR EARLIER TERMINATES THE OFFER (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION TIME”). CSC Investments II LLC, a Delaware limited liability company (“CSC Investments II”) and a wholly o...
listed = True...The Offer is not conditioned upon any minimum number of shares being tendered, nor subject to any financing condition. The Offer is, however, subject to a number of other terms and conditions, as further described in Section 7. Optimum’s Class A Common Stock is listed on the New York Stock Exchange (the “NYSE”) and trades under the symbol “OPTU.” On May 29, 2026, the last full trading day prior to the commencement of the Offer, the reported closing price of Optimum’s Class A Common Stock on the NYSE was $0.658 per share. You are urged to obtain current market quotations for Optimum’s Class A Common Stock before deciding whether to...
mechanism = FIXED...tm OFFER TO PURCHASE, DATED JUNE 1, 2026 Exhibit (a)(1)(A) Offer to Purchase for Cash by CSC Investments II LLC a wholly owned subsidiary of Optimum Communications, Inc. For up to 120,000,000 shares of Class A Common Stock of Optimum Communications, Inc. At a Purchase Price of $2.50 Per Share CUSIP: 02156K103 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON JUNE 30, 2026, UNLESS CSC INVESTMENTS II LLC EXTENDS OR EARLIER TERMINATES THE OFFER (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION TIME”). CSC Investments II LLC, a Delaware limited liability company (“CSC I...
mechanism = FIXED...itary”), a total of approximately 254,956,213 shares of Optimum’s Class A Common Stock, par value $0.01 per share (each share of Optimum’s Class A Common Stock, a “Share,” and collectively, the “Shares”), were validly tendered and not validly withdrawn at the purchase price of $2.50 per Share, which includes 20,062,734 Shares that were tendered through notice of guaranteed delivery. In accordance with the terms and conditions of the tender offer and based on the preliminary count by the Depositary, CSC Investments II expects to accept for purchase an aggregate of 120,000,000 Shares at a purchase price of $2.50 per Share, for...
mechanism = FIXED...er (the “Depositary”), a total of 246,605,915 shares of Optimum’s Class A Common Stock, par value $0.01 per share (each share of Optimum’s Class A Common Stock, a “Share,” and collectively, the “Shares”), were validly tendered and not validly withdrawn at the purchase price of $2.50 per Share. In accordance with the terms and conditions of the tender offer, CSC Investments II accepted for purchase a total of 120,000,000 Shares, representing 42.5% of the Shares issued and outstanding as of June 30, 2026 (after giving effect to the Private Exchange Transaction (as defined in the Offer to Purchase)), at the purchase price of $2....
must_tender_all = True...ered (and not validly withdrawn prior to the Expiration Time) for which the condition was not initially satisfied, to the extent feasible, by random lot (to be eligible for purchase by random lot, stockholders whose shares are conditionally tendered must have tendered all of their shares). It is therefore possible that some or all of the shares you tender will not be purchased. See Sections 1 and 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...
price = USD 2.5...Cash by CSC Investments II LLC a wholly owned subsidiary of Optimum Communications, Inc. For up to 120,000,000 shares of Class A Common Stock of Optimum Communications, Inc. At a Purchase Price of $2.50 Per Share CUSIP: 02156K103 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON JUNE 30, 2026, UNLESS CSC INVESTMENTS II LLC EXTENDS OR EARLIER TERMINATES THE OFFER (SUCH DATE AND TIM...
price = USD 2.5...Stock, par value $0.01 per share (each share of Optimum’s Class A Common Stock, a “Share,” and collectively, the “Shares”), were validly tendered and not validly withdrawn at the purchase price of $2.50 per Share, which includes 20,062,734 Shares that were tendered through notice of guaranteed delivery. In accordance with the terms and conditions of the tender offer and based on the preliminary count by the Depositary, CSC Inves...
price = USD 2.5...Stock, par value $0.01 per share (each share of Optimum’s Class A Common Stock, a “Share,” and collectively, the “Shares”), were validly tendered and not validly withdrawn at the purchase price of $2.50 per Share. In accordance with the terms and conditions of the tender offer, CSC Investments II accepted for purchase a total of 120,000,000 Shares, representing 42.5% of the Shares issued and outstanding as of June 30, 2026 (afte...
priority = True...tendered and not validly withdrawn their shares will receive the Purchase Price, payable in cash, without interest, but subject to applicable withholding taxes, for all shares purchased upon the terms and subject to the conditions of the Offer, including the provisions relating to “odd lot” priority, proration and conditional tender described below. If more than 120,000,000 shares of Class A Common Stock are tendered in the Offer, we reserve the right, in our sole discretion, to accept for purchase at the Purchase Price pursuant to the Offer up to an additional 2.0% of Optimum’s outstanding shares without extending the Expiration Ti...
threshold = 100...in the Offer, subject to applicable law. If we do so, the preceding provisions will apply to the greater number of shares. 15 Odd Lots. The term “odd lots” means all shares validly tendered prior to the Expiration Time and not validly withdrawn 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 and, if applicable, on the Notice of Guaranteed Delivery (an “Odd Lot Holder”). To qualify for this preference, an Odd Lot Holder must tender all shares owned by the Odd Lot Holder in accordance with the procedures described in Section 3. Odd lots will be accepted for...
txn_type = TENDER_OFFEREX-99.A1A 2 ea029202901ex99a1a.htm OFFER TO PURCHASE, DATED JUNE 1, 2026 Exhibit (a)(1)(A) Offer to Purchase for Cash by CSC Investments II LLC a wholly owned subsidiary of Optimum Communications, Inc. For up to 120,000,000 shares of Class A Common Stock of Optimum Communications, Inc. At a Purchase Price of $2.50 Per Share CUSIP: 02156K103 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS...
txn_type = TENDER_OFFEREX-99.(A)(5)(B) 2 ea029202903ex99a5b.htm PRESS RELEASE ISSUED BY OPTIMUM COMMUNICATIONS, INC., DATED JULY 1, 2026. Exhibit (a)(5)(B) Optimum Subsidiary Announces Preliminary Results of Tender Offer for Shares of Optimum’s Class A Common Stock NEW YORK (July 1, 2026) — CSC Investments II LLC, a Delaware limited liability company (“CSC Investments II”), and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU) (“Optimum”), today announced the preliminary results of its tender offer, which expired at 5:00 p.m., New Yo...
txn_type = TENDER_OFFER...and conditions of the tender offer, CSC Investments II accepted for purchase a total of 120,000,000 Shares, representing 42.5% of the Shares issued and outstanding as of June 30, 2026 (after giving effect to the Private Exchange Transaction (as defined in the Offer to Purchase)), at the purchase price of $2.50 per Share, for an aggregate purchase price of $300,000,000, excluding fees and expenses relating to the tender offer. Because the number of Shares validly tendered and not validly withdrawn exceeded the number of Shares sought in the tender offer, Shares were accepted for purchase on a pro rata basis, ex...
accepted = 120000000...lectively, the “Shares”), were validly tendered and not validly withdrawn at the purchase price of $2.50 per Share. In accordance with the terms and conditions of the tender offer, CSC Investments II accepted for purchase a total of 120,000,000 Shares, representing 42.5% of the Shares issued and outstanding as of June 30, 2026 (after giving effect to the Private Exchange Transaction (as defined in the Offer to Purchase)), at the purchase price of $2.50 per Share, for an aggregate purchase price of $300,000,000, excluding fees...
expired_on = 2026-06-30...e limited liability company (“CSC Investments II”) and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU) (“Optimum”), today announced the final results of its tender offer, which expired at 5:00 p.m., New York City time, on June 30, 2026. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer (the “Depositary”), a total of 246,605,915 shares of Optimum’s Class A Common Stock, par value $0.01 per share (each share of Optimum’s Class A Common Stock, a “Share,” and collectively...
final_price = 2.5...Optimum’s Class A Common Stock, par value $0.01 per share (each share of Optimum’s Class A Common Stock, a “Share,” and collectively, the “Shares”), were validly tendered and not validly withdrawn at the purchase price of $2.50 per Share. In accordance with the terms and conditions of the tender offer, CSC Investments II accepted for purchase a total of 120,000,000 Shares, representing 42.5% of the Shares issued and outstanding as of June 30, 2026 (after giving effect to the Private Exchange Transaction (as defi...
oddlot_filled = YES...tender offer. Because the number of Shares validly tendered and not validly withdrawn exceeded the number of Shares sought in the tender offer, Shares were accepted for purchase on a pro rata basis, except for tenders of “odd lots,” which were accepted in full, and conditional tenders that were automatically regarded as withdrawn because the condition was not satisfied. CSC Investments II has been informed by the Depositary that the final proration factor for the tender offer is approximately 48.6%. The Depositary will promptly pay fo...
proration_pct = 48.6...h were accepted in full, and conditional tenders that were automatically regarded as withdrawn because the condition was not satisfied. CSC Investments II has been informed by the Depositary that the final proration factor for the tender offer is approximately 48.6%. The Depositary will promptly pay for all the Shares accepted for purchase pursuant to the tender offer on or about July 7, 2026. Payment for Shares will be made in cash, subject to applicable withholding and without interest. All other Shares tendered and not purchased will be...

The filings

FiledFormRoleOn EDGAR
2026-06-01SC TO-Ioriginal (governing)View
2026-07-01SC TO-I/AamendmentView
2026-07-06SC TO-I/AamendmentView