Truett-Hurst, Inc.
Terms unclear
Unclear — read the filing yourself
| Status | Closed |
|---|---|
| Closing date | 2019-02-11 |
| How it is priced | Fixed price |
| Odd-lot threshold | Fewer than 100 shares |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Yes |
| Price offered | USD $2.40 per share |
| Most an odd-lot tender could be | $237.60 |
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...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 properly tender all of these Shares and do not properly withdraw them before the Expiration Date, and you complete the section entitled “Odd Lots” in the Letter of Transmittal (if you are a registered holder) and, if applicable, in the Notice of Guaranteed Delivery, we will purchase all of your Shares without subjecting them to the proration procedure. See Section 1. Has the Company or its Board of Directors adopted a position on the Offer? Yes. The Offer was approved by a unanimous vote of the members of the...
expiry = 2019-02-11...(a)(1)(i) Offer to Purchase by Truett-Hurst, Inc. Up to 1,000,000 Shares of Its Class A Common Stock At a Cash Purchase Price of $2.40 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, AT THE END OF THE DAY ON FEBRUARY 11, 2019, UNLESS THE OFFER IS EXTENDED (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION DATE”). Truett-Hurst, Inc., a Delaware corporation (the “Company,” “Truett-Hurst,” “we,” “us” or “our”), invites our stockholders to tender up...
listed = True...d our winery websites. In connection with the Precept transaction, Phillip Hurst, the Company’s Chief Executive Officer and President, resigned and Paul E. Dolan, III was appointed as Chief Executive Officer and President on an interim basis. Our common stock is listed on The Nasdaq Capital Market under the symbol “THST.” Our principal executive offices are located at 125 Foss Creek Circle, Healdsburg, California 95448, and our telephone number is (707) 431-4423. Selected Historical Financial Information. The information, including the financial statements, under Part II, Item 8 “Financial Statements and Supplementary Data” and Part IV, Item 15...
mechanism = FIXEDEX-99.(A)(1)(I) 2 tv510909-exa1i.htm EXHIBIT (A)(1)(I) tv510909-sctoi_DIV_02-exa1i - none - 5.2277398s Exhibit (a)(1)(i) Offer to Purchase by Truett-Hurst, Inc. Up to 1,000,000 Shares of Its Class A Common Stock At a Cash Purchase Price of $2.40 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, AT THE END OF THE DAY ON FEBRUARY 11, 2019, UNLESS THE OFFER IS EXTENDED (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION DATE”). Truett-Hurst, Inc., a Delaware corporation (the “Company,” “Truett-Hurst,” “we,” “us” o...
must_tender_all = True...n what order will you purchase the tendered Shares (including Shares issued upon exchange of LLC Units)? We will purchase Shares on the following basis: • first, we will purchase all Odd Lots (as defined in Section 1) of less than 100 Shares from stockholders who properly tender all of their Shares and who do not properly withdraw them before the Expiration Date (tenders of less than all of the Shares owned, beneficially or of record, by such Odd Lot Holder (as defined in Section 1) will not qualify for this preference); and • second, after purchasing all the Odd Lots that were properly tendered, subject to the conditional tender...
price = USD 2.4...(A)(1)(I) tv510909-sctoi_DIV_02-exa1i - none - 5.2277398s Exhibit (a)(1)(i) Offer to Purchase by Truett-Hurst, Inc. Up to 1,000,000 Shares of Its Class A Common Stock At a Cash Purchase Price of $2.40 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, AT THE END OF THE DAY ON FEBRUARY 11, 2019, UNLESS THE OFFER IS EXTENDED (SUCH DATE AND TIME, AS THEY MAY BE EXTEN...
threshold = 100...Shares are purchased), we will purchase all Shares properly tendered on a pro rata basis with appropriate adjustment to avoid purchases of fractional Shares. Therefore, we may not purchase all of the Shares that you tender. See Section 1 and Section 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 properly tender all of these Shares and do not properly withdraw them before the Expiration Date, and you complete the section entitled “Odd Lots” in the Letter of Transmittal (if you are a reg...
txn_type = CONSOLIDATION...r of our stockholders to ensure that we will not in the future exceed SEC thresholds that would again cause us to be required to register under the Exchange Act, we could pursue alternatives to achieve that result, including seeking stockholder approval for a reverse stock split if it is determined to be in the best interests of the Company and the Company’s remaining stockholders. Our reasons for considering any such alternatives that could allow us to deregister the Shares with the SEC and delist the Shares from NASDAQ include: • The significant cost savings that we expect we could realize as a result of the t...
txn_type = TENDER_OFFER...-Hurst Contact: Investor Relations Phone: (707) 431-7020 Email: IR@truetthurst.com Truett-Hurst Announces Final Results of Tender Offer HEALDSBURG, CA — February 28, 2019 — Truett-Hurst, Inc. (NASDAQ: THST) today announced the final results of its self tender offer to purchase up to 1,000,000 shares of its Class A common stock, including shares issued upon exchange of limited liability company interests of its subsidiary H.D.D., LLC, or such lesser number of shares of its Class A common stock as are properly tendered and not properly withdrawn, at a price of $2.40 per share of Class A common stock, to the sell...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2019-01-14 | SC TO-I | original (governing) | View |
| 2019-02-28 | SC TO-I/A | amendment | View |