TORO CORP. TORO
Terms unclear
Unclear — read the filing yourself
| Status | Closed |
|---|---|
| Closing date | 2025-08-07 |
| How it is priced | Fixed price |
| Odd-lot threshold | — |
| Must tender everything you hold | Not stated |
| Must tick the odd-lot box on the form | Not stated |
| Price offered | USD $2.75 per share |
| Most an odd-lot tender could be | $272.25 |
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 = 2025-08-07...OF CONTENTS Exhibit (a)(a)(1)(A) Offer to Purchase for Cash by TORO CORP. of Up to 4,500,000 Shares of its Common Stock at a Purchase Price of $2.75 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON AUGUST 7, 2025 UNLESS THE OFFER IS EXTENDED. TORO CORP., a Marshall Islands corporation (the “Company,” “Toro”, “we,” or “us”), is offering to purchase up to 4,500,000 shares of its common stock, par value of $0.001 per share (the “Common Stock”), at a p...
listed = True...the events described above will be final and binding on all persons participating in the Offer, subject to such Offer participant’s disputing such determination in a court of competent jurisdiction. 10 TABLE OF CONTENTS 7. Price Range of the Shares The shares are traded on the NASDAQ under the symbol “TORO”. The following table sets forth, for each of the periods indicated, the high and low closing prices per share as reported by the NASDAQ, based on published financial sources. Fiscal Year Ending December 31, 2025 High Low First Quarter $2.41 $1.70 Second Quarter 2.46 1.44 Third Quarter1 2.25 2.17 Fiscal Year Ended December 31, 2024...
mechanism = FIXED...first, from any Odd Lot Shareholders and (b) thereafter, on a pro rata basis with respect to shares tendered prior to the Expiration Time. How will the Company pay for the shares? Assuming that the maximum of 4,500,000 shares are tendered in the Offer at the purchase price of $2.75 per share, the aggregate purchase price will be approximately $12,375,000. We anticipate that we will pay for the shares tendered in the Offer from funds available from cash and cash equivalents. How long do I have to tender my shares? Can the Offer be extended, amended or terminated? You may tender your shares until the Offer expires. The Offer w...
price = USD 2.75...th respect to shares tendered prior to the Expiration Time. How will the Company pay for the shares? Assuming that the maximum of 4,500,000 shares are tendered in the Offer at the purchase price of $2.75 per share, the aggregate purchase price will be approximately $12,375,000. We anticipate that we will pay for the shares tendered in the Offer from funds available from cash and cash equivalents. How long do I have to tender my s...
txn_type = TENDER_OFFEREX-99.(A)(A)(1)(A) 2 ny20050090x1_exaa1a.htm EXHIBIT (A)(A)(1)(A) TABLE OF CONTENTS Exhibit (a)(a)(1)(A) Offer to Purchase for Cash by TORO CORP. of Up to 4,500,000 Shares of its Common Stock at a Purchase Price of $2.75 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., EASTERN TIME, ON AUGUST 7, 2025 UNLESS THE OFFER IS EXTENDED. TORO CORP., a Marshall Islands corporation (the “Company,” “Toro”, “we,” or “us”), is offering to purch...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2025-07-10 | SC TO-I | original (governing) | View |