Odd Lot Index

Sun American Bancorp

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2007-10-24
How it is priced—
Odd-lot threshold—
Must tender everything you holdNot stated
Must tick the odd-lot box on the formNot stated
Price offeredUSD $3.38 to $10.00 per share
Most an odd-lot tender could be$334.62 to $990.00

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 = 2007-10-24...F WARRANTS AT A PURCHASE PRICE OF $0.32 PER WARRANT AND OFFER TO PURCHASE FOR CASH ANY AND ALL SERIES F UNDERWRITER WARRANTS AT A PURCHASE PRICE OF $0.55 PER WARRANT THE OFFERS AND WITHDRAWAL RIGHTS EXPIRE AT 5:00 P.M., EASTERN TIME, ON OCTOBER 24, 2007, UNLESS THE OFFER(S) ARE EXTENDED Sun American Bancorp, a Delaware corporation (“Sun American” or the “Company”), is offering to purchase, for cash, upon the terms and subject to the conditions set forth in this offer to purchase and the r...
expiry = 2007-10-24...F WARRANTS AT A PURCHASE PRICE OF $0.32 PER WARRANT AND OFFER TO PURCHASE FOR CASH ANY AND ALL SERIES F UNDERWRITER WARRANTS AT A PURCHASE PRICE OF $0.55 PER WARRANT THE OFFERS AND WITHDRAWAL RIGHTS EXPIRE AT 5:00 P.M., EASTERN TIME, ON OCTOBER 24, 2007, UNLESS THE OFFER(S) ARE EXTENDED Sun American Bancorp, a Delaware corporation (“Sun American” or the “Company”), is offering to purchase, for cash, upon the terms and subject to the conditions set forth in this offer to purchase and the r...
listed = True...eries D underwriter warrants, Series E warrants, Series E underwriter warrants, Series F warrants and Series F underwriter warrants properly tendered and not properly withdrawn prior to the expiration date of the applicable tender offer. The Series D warrants are listed on the Nasdaq Global Market under the symbol “SAMBW.” On September 21, 2007, the last reported sales price of the Series D warrants on Nasdaq was $0.40. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the transaction, passed upon the merits or fairness of the transaction, or passed upon the adequacy or accuracy of t...
listed = True...eries D underwriter warrants, Series E warrants, Series E underwriter warrants, Series F warrants and Series F underwriter warrants properly tendered and not properly withdrawn prior to the expiration date of the applicable tender offer. The Series D warrants are listed on the Nasdaq Global Market under the symbol “SAMBW.” On September 21, 2007, the last reported sales price of the Series D warrants on Nasdaq was $0.40. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the transaction, passed upon the merits or fairness of the transaction, or passed upon the adequacy or accuracy of t...
price = USD 3.38-10.0...,285 warrants have been issued to various underwriters for compensation for certain private and public offerings of the Company’s common stock. The exercise prices per share range from $3.38 to $10.00 per share and have expiration dates between 2008 and 2010. 2. Purposes of the Tender Offers Our management and board of directors have evaluated our operations, strategy and expectations and have determined that repurchasing all...
price = USD 3.38-10.0...,285 warrants have been issued to various underwriters for compensation for certain private and public offerings of the Company’s common stock. The exercise prices per share range from $3.38 to $10.00 per share and have expiration dates between 2008 and 2010. 2. Purposes of the Tender Offers Our management and board of directors have evaluated our operations, strategy and expectations and have determined that repurchasing all...
txn_type = CONSOLIDATION...offer will be conducted upon the terms and subject to the conditions set forth in this offer to purchase and the respective letter of transmittal (as they may be amended and supplemented from time to time). On May 21, 2007, Sun American completed a 1 for 2.5 reverse stock split of its common stock. The references in this document to our shares of common stock reflect the reverse stock split. Therefore, the number of shares of common stock that could be purchased through the exercise of our warrants has been decreased accordingly, although the number of your warrants remains the same as when you received it, les...
txn_type = CONSOLIDATION...offer will be conducted upon the terms and subject to the conditions set forth in this offer to purchase and the respective letter of transmittal (as they may be amended and supplemented from time to time). On May 21, 2007, Sun American completed a 1 for 2.5 reverse stock split of its common stock. The references in this document to our shares of common stock reflect the reverse stock split. Therefore, the number of shares of common stock that could be purchased through the exercise of our warrants has been decreased accordingly, although the number of your warrants remains the same as when you received it, les...

The filings

FiledFormRoleOn EDGAR
2007-09-25SC TO-Ioriginal (governing)View
2007-10-18SC TO-I/AamendmentView