Odd Lot Index

SECURITY LAND & DEVELOPMENT 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.
StatusClosed
Closing date2017-03-15
How it is pricedFixed price
Odd-lot threshold—
Must tender everything you holdNot stated
Must tick the odd-lot box on the formNot stated
Price offeredUSD $1.25 per share
Most an odd-lot tender could be$123.75

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...gnature guarantees and any other documents required by the Letter of Transmittal, must be received by us on or before the Expiration Date at the address set forth on the back cover of this document. In addition, Odd Lot Owners who tender all their shares must complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery, in order to qualify for the preferential treatment available to Odd Lot Owners as set forth in Section 6. 16 Signature Guarantees and Method of Delivery. No signature guarantee is required on the Letter of Transmittal if: the Letter of Transmittal is signed by the registered holder o...
expiry = 2017-03-15...y EDGARX.com OFFER TO PURCHASE FOR CASH BY SECURITY LAND & DEVELOPMENT CORPORATION OF UP TO 2,526,247 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $1.25 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., E.D.T., ON MARCH 15, 2017, UNLESS THE OFFER IS EXTENDED OR EARLIER TERMINATED. To Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees: Please furnish copies of the enclosed materials to those of your clients for whom you hold shares registered in...
expiry = 2017-03-15...R TO PURCHASE FOR CASH BY SECURITY LAND & DEVELOPMENT CORPORATION OF UP TO 2,526,247 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $1.25 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WAS SCHEDULED TO EXPIRE AT 5:00 P.M., AUGUSTA, GEORGIA TIME, ON MARCH 15, 2017. TO FACILITATE THE REVIEW OF THE OFFER, AS AMENDED AND SUPPLEMENTED, THE EXPIRATION DATE OF THE OFFER IS EXTENDED UNTIL 5:00 P.M., AUGUSTA, GEORGIA TIME, ON APRIL 12, 2017, UNLESS FURTHER EXTENDED OR TERMINATED. SECURITY LAND & DEVELOPMENT...
mechanism = FIXEDEX-99.(A)(5) 6 item12a5.htm Item 12 (a)(5) - Prepared by EDGARX.com OFFER TO PURCHASE FOR CASH BY SECURITY LAND & DEVELOPMENT CORPORATION OF UP TO 2,526,247 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $1.25 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., E.D.T., ON MARCH 15, 2017, UNLESS THE OFFER IS EXTENDED OR EARLIER TERMINATED. To Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees: Please furnish copies of the enclosed materials to those of your clients for whom you hold shares registered in your name or in...
mechanism = FIXEDEX-99 2 ex-a7.htm EXHIBIT (A)(7) offertopurchase-amended03151.htm - Prepared by EDGARX.com AMENDED OFFER TO PURCHASE FOR CASH BY SECURITY LAND & DEVELOPMENT CORPORATION OF UP TO 2,526,247 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $1.25 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WAS SCHEDULED TO EXPIRE AT 5:00 P.M., AUGUSTA, GEORGIA TIME, ON MARCH 15, 2017. TO FACILITATE THE REVIEW OF THE OFFER, AS AMENDED AND SUPPLEMENTED, THE EXPIRATION DATE OF THE OFFER IS EXTENDED UNTIL 5:00 P.M., AUGUSTA, GEORGIA TIME, ON APRIL 12, 2017, UNLESS FURTHER EXTENDED OR TERMINATED. SECURITY LAND &...
must_tender_all = True...ount for potential future legal costs related to compliance and review. In evaluating the effects of the Offer and the related transactions on us, including the fairness of the Offer to stockholders who elect to remain our stockholders following the Offer (or who tender all of their shares but who remain our stockholders due to the proration procedures of the Offer), the Board believes that the anticipated borrowings used to finance the Offer will result in a more efficient capital structure, making possible improved future earnings per share for the Company's continuing stockholders through the use of leverage. We believe...
price = USD 1.25...(5) 6 item12a5.htm Item 12 (a)(5) - Prepared by EDGARX.com OFFER TO PURCHASE FOR CASH BY SECURITY LAND & DEVELOPMENT CORPORATION OF UP TO 2,526,247 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $1.25 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., E.D.T., ON MARCH 15, 2017, UNLESS THE OFFER IS EXTENDED OR EARLIER TERMINATED. To Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees: Please...
price = USD 0.26-0.75...ived an average of less than five certificates per year delivered for transfer. Our management has been informed of (but has not verified) isolated transactions for shares ranging from $0.26 to $0.75 per share within the past several years. There may have been additional transactions during these periods of which we are not aware, or for which we do not know the price or consideration paid. We have never paid cash dividends o...
threshold = 100...them before the Expiration Date, on a pro rata basis, with appropriate adjustments to avoid purchases of fractional shares, until we have acquired 2,526,247 shares. Odd Lots The term "Odd Lots" means all shares tendered by any person (an "Odd Lot Holder") who owned beneficially or of record an aggregate of fewer than 100 shares of our common stock and so certifies in the appropriate place on the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery. This preference is not available to partial tenders or beneficial or record holders of 100 or more shares of our common stock, even if such holders have separate accounts or certificates repres...
txn_type = TENDER_OFFEREX-99.(A)(5) 6 item12a5.htm Item 12 (a)(5) - Prepared by EDGARX.com OFFER TO PURCHASE FOR CASH BY SECURITY LAND & DEVELOPMENT CORPORATION OF UP TO 2,526,247 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $1.25 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., E.D.T., ON MARCH 15, 2017, UNLESS THE OFFER IS EXTENDED OR EARLIER TERMINATED. To Brokers, Dealers, Commercial Banks, Trust Companies and Other...
txn_type = TENDER_OFFEREX-99 2 ex-a7.htm EXHIBIT (A)(7) offertopurchase-amended03151.htm - Prepared by EDGARX.com AMENDED OFFER TO PURCHASE FOR CASH BY SECURITY LAND & DEVELOPMENT CORPORATION OF UP TO 2,526,247 SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE OF $1.25 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS WAS SCHEDULED TO EXPIRE AT 5:00 P.M., AUGUSTA, GEORGIA TIME, ON MARCH 15, 2017. TO FACILITATE THE REVIEW OF THE OFFER, AS AMENDED AND SUPPLEMENTED, THE EXPIRATION DATE OF...
untradeable = True...instructions in this document and the related documents, including the accompanying Letter of Transmittal. The Offer is not conditioned on any minimum number of shares being tendered, but is subject to other conditions discussed in this Offer to Purchase. Our shares are not traded on any established market. Any trades are effected only in privately-negotiated transactions. See Section 11. Our Board of Directors has approved this Offer. However, neither we nor our Board of Directors make any recommendation to you as to whether you should tender your shares. You must decide whether to tender your shares and, if so, how many shares to tender....

The filings

FiledFormRoleOn EDGAR
2017-02-08SC TO-Ioriginal (governing)View
2017-03-16SC TO-I/AamendmentView