Odd Lot Index

SMG Indium Resources Ltd.

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2014-12-01
How it is pricedFixed price
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formNot stated
Price offeredUSD $2.41 per share
Cleared at$2.41
Most an odd-lot tender could be$238.59

How it finished

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.

expiry = 2014-12-01...it (a)(1)(i) Offer to Purchase for Cash by SMG Indium Resources Ltd. of Up to $16,094,842.78 of Shares of Its Common Stock at a Purchase Price Equal to $2.41 per Share THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON MONDAY, DECEMBER 1, 2014, UNLESS THE OFFER IS EXTENDED (SUCH TIME AND DATE, AS MAY BE EXTENDED, THE “EXPIRATION TIME”). SMG Indium Resources Ltd., a Delaware corporation (the “Company,” “SMG,” “we,” or “us”), invites its stockholders to tender shares of its common...
expiry = 2014-12-01...For Tender of Shares of Common Stock of SMG Indium Resources Ltd. At a Purchase Price Equal to $2.41 per Share Pursuant to the Offer to Purchase Dated October 30, 2014 THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON MONDAY, DECEMBER 1, 2014, UNLESS THE OFFER IS EXTENDED. THIS FORM SHOULD BE COMPLETED, SIGNED AND SENT TOGETHER WITH ALL OTHER DOCUMENTS, INCLUDING YOUR CERTIFICATES FOR SHARES OF COMMON STOCK OF SMG INDIUM RESOURCES LTD. (“SMG”), TO CONTINENTAL STOCK TRANSFER & T...
mechanism = FIXED...l”) (together, this Offer to Purchase and the Letter of Transmittal, as they may be amended or supplemented from time to time, constitute the “Offer”). We are offering to purchase Shares in the Offer up to an aggregate purchase price of $16,094,842.78. At the Purchase Price of $2.41 per share, we could purchase a total of 6,678,358 Shares if the Offer is fully subscribed, which would represent approximately 78% of the issued and outstanding Shares as of October 29, 2014. In accordance with the rules of the Securities and Exchange Commission (the “SEC”), we may increase the aggregate purchase price payable for Shares purchased...
mechanism = FIXED...purchased all shares tendered on a pro rata basis, except for “odd lots” (of less than 100 Shares), which the Company has purchased on a priority basis. Therefore, SMG has accepted for purchase an aggregate of 6,678,358 shares of its common stock at the fixed purchase price of $2.41 per share, for an aggregate cost of approximately $16,094,842.78, excluding fees and expenses related to the tender offer. The aggregate number of shares purchased in the tender offer by SMG represented approximately 78% percent of its issued and outstanding shares of common stock as of December 1, 2014. Following settlement of the tender offer, S...
must_tender_all = True...tender Shares under the Offer may tender such Shares by submitting a signed Letter of Transmittal, together with a confirmation of book-entry transfer of the Shares and any other required documents, by following the procedures set forth below. Odd lot holders who tender all of their Shares must complete the section captioned “Odd Lots” in the Letter of Transmittal to qualify for the preferential treatment available to odd lot holders as set forth in Section 1. Stockholders holding their Shares through a broker, dealer, commercial bank, trust company or other nominee must contact the nominee in order to tender their Shares....
must_tender_all = True...__________ Shares. If, because of proration, the minimum number of Shares designated will not be purchased, SMG may accept conditional tenders by random lot, if necessary. However, to be eligible for purchase by random lot, the tendering stockholder must have tendered all of his or her Shares and checked this box: ¨ The tendered Shares represent all Shares held by the undersigned. ODD LOTS (See Instruction 15) To be completed ONLY if Shares are being tendered by or on behalf of a person owning, beneficially or of record, as of the close of business on the date set forth on the signature page hereto, and who continues to own,...
price = USD 2.41...be amended or supplemented from time to time, constitute the “Offer”). We are offering to purchase Shares in the Offer up to an aggregate purchase price of $16,094,842.78. At the Purchase Price of $2.41 per share, we could purchase a total of 6,678,358 Shares if the Offer is fully subscribed, which would represent approximately 78% of the issued and outstanding Shares as of October 29, 2014. In accordance with the rules of the S...
price = USD 2.41...s than 100 Shares), which the Company has purchased on a priority basis. Therefore, SMG has accepted for purchase an aggregate of 6,678,358 shares of its common stock at the fixed purchase price of $2.41 per share, for an aggregate cost of approximately $16,094,842.78, excluding fees and expenses related to the tender offer. The aggregate number of shares purchased in the tender offer by SMG represented approximately 78% percent...
threshold = 100...If we do so, the preceding provisions will apply to the greater amount. Odd Lots. For purposes of the Offer, the term “odd lots” means all Shares properly tendered at the Purchase Price held by a stockholder who owns beneficially or of record an aggregate of fewer than 100 Shares, which we refer to as an “odd lot holder,” and so certifies in the appropriate place on the Letter of Transmittal and, if applicable, 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,...
threshold = 100...or partial tenders or to beneficial or record holders of an aggregate of 100 or more Shares, even if these holders have separate accounts or certificates representing fewer than 100 Shares. The undersigned is either (check one box): ¨ the beneficial or record owner of an aggregate of fewer than 100 Shares, all of which are being tendered; or ¨ a broker, dealer, commercial bank, trust company, or other nominee that (a) is tendering for the beneficial owner(s), Shares with respect to which it is the record holder, and (b) believes, based upon representations made to it by the beneficial owner(s), that each such person is the beneficial owne...
txn_type = TENDER_OFFEREX-99.A1I 2 v392281_ex99-a1i.htm EXHIBIT (A)(1)(I) Exhibit (a)(1)(i) Offer to Purchase for Cash by SMG Indium Resources Ltd. of Up to $16,094,842.78 of Shares of Its Common Stock at a Purchase Price Equal to $2.41 per Share THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON MONDAY, DECEMBER 1, 2014, UNLESS THE OFFER IS EXTENDED (SUCH TIME AND DATE, AS MAY BE EXTENDED, THE “EXPIRATION TIME”). S...
txn_type = TENDER_OFFEREX-99.A1II 2 v394141_ex99-a1ii.htm EXHIBIT (A)(1)(II) Exhibit (a)(1)(ii) Letter of Transmittal For Tender of Shares of Common Stock of SMG Indium Resources Ltd. At a Purchase Price Equal to $2.41 per Share Pursuant to the Offer to Purchase Dated October 30, 2014 THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON MONDAY, DECEMBER 1, 2014, UNLESS THE OFFER IS EXTENDED. THIS FORM SHOULD BE COMPLETED, SIGNED AND SENT TOGETHER WITH ALL OTHER DOCUMENTS, INCLUDING YOUR CERTIFICATES FOR SHARES OF COMMON STOCK OF SMG INDIUM RESOURCES LTD. (“SMG”), TO C...
txn_type = TENDER_OFFER...5)(II) Exhibit (a)(5)(ii) SMG Announces Final Results of Tender Offer for its Shares NEW YORK, December 8, 2014 (GLOBE NEWSWIRE), — SMG Indium Resources Ltd. (the “Company” or “SMG”) (OTCBB: SMGI), today announced the final results of its previously announced offer to purchase up to $16,094,842.78 of its common stock, which expired at 5:00 p.m., New York City time, on Monday, December 1, 2014. Based on the purchase price per share, shares having an aggregate purchase price of more than $16,094,842.78 were properly tendered and not properly withdrawn. As a result, the Company has purchased all shares tendered o...
final_price = 2.41...r “odd lots” (of less than 100 Shares), which the Company has purchased on a priority basis. Therefore, SMG has accepted for purchase an aggregate of 6,678,358 shares of its common stock at the fixed purchase price of $2.41 per share, for an aggregate cost of approximately $16,094,842.78, excluding fees and expenses related to the tender offer. The aggregate number of shares purchased in the tender offer by SMG represented approximately 78% percent of its issued and outstanding shares of common stock as of D...

The filings

FiledFormRoleOn EDGAR
2014-10-30SC TO-Ioriginal (governing)View
2014-11-12SC TO-I/AamendmentView
2014-12-08SC TO-I/AamendmentView