Odd Lot Index

UTSTARCOM HOLDINGS CORP. UTSI

No odd-lot preference

Read automatically from the filing
This offer mentions odd lots only to say they get no special treatment. Odd-lot tenders are prorated like everyone else's.
StatusClosed
Closing date2013-01-03
How it is pricedFixed price
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formYes
Price offeredUSD $1.20 per share
Most an odd-lot tender could be$118.80

How it finished

Everyone else39.4%
Proration factor39.4%

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...Depositary would not only avoid the payment of brokerage commissions, but also would avoid any applicable odd lot discounts in a sale of the holder's Shares. Any odd lot holder wishing to tender all of such odd lot holder's Shares pursuant to the Offer should check the box entitled "Odd Lots" in the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery. Proration. If proration of tendered Shares is required, we will determine the proration factor promptly following the Expiration Date. Proration for each shareholder tendering Shares, other than odd lot holders, will be based on the ratio of the number o...
expiry = 2013-01-03...ibit a(1)(i) Offer to Purchase for Cash by UTStarcom Holdings Corp. of Up to 25,000,000 of its Ordinary Shares At a Purchase Price of $1.20 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON THURSDAY, JANUARY 3, 2013, UNLESS THE OFFER IS EXTENDED (SUCH TIME AND DATE, AS MAY BE EXTENDED, THE "EXPIRATION DATE"). UTStarcom Holdings Corp., an exempted company incorporated under the laws of the Cayman Islands (the "Company," "UTStarcom," "we," "us" or "our"...
listed = True...approximately 17.4% of the Shares issued and outstanding as of November 21, 2012. THE OFFER IS NOT CONDITIONED ON ANY MINIMUM NUMBER OF SHARES BEING TENDERED. THE OFFER IS, HOWEVER, SUBJECT TO CERTAIN OTHER CONDITIONS. SEE SECTION 7. The Shares are listed and traded on the NASDAQ Global Select Stock Market under the symbol "UTSI." On November 29, 2012, the last full trading day prior to the announcement and commencement of the Offer, the last reported sale price of the Shares was $0.92 per Share. Shareholders are urged to obtain current market quotations for the Shares before deciding whether to tender their Shar...
listed = True...entertainment experience. The Company sells its media operational support services and broadband equipment products and services to operators in both emerging and established broadband and cable markets around the world. UTStarcom was founded in 1991 and has traded on the NASDAQ since 2000. The Company has its operational headquarters in Beijing, China and research and development operations in China and India. For more information about UTStarcom, visit the Company’s website at http://www.utstar.com. Forward-Looking Statements This press release includes forward-looking statements, including statements regardin...
listed = True...entertainment experience. The Company sells its media operational support services and broadband equipment products and services to operators in both emerging and established broadband and cable markets around the world. UTStarcom was founded in 1991 and has traded on the NASDAQ since 2000. The Company has its operational headquarters in Beijing, China and research and development operations in China and India. For more information about UTStarcom, visit the Company’s website at http://www.utstar.com. Forward-Looking Statements This press release includes forward-looking statements, including statements regardin...
mechanism = FIXEDEX-99.A(1)(I) 2 a2211998zex-99_a1i.htm EX-99.A(1)(I) QuickLinks -- Click here to rapidly navigate through this document Exhibit a(1)(i) Offer to Purchase for Cash by UTStarcom Holdings Corp. of Up to 25,000,000 of its Ordinary Shares At a Purchase Price of $1.20 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON THURSDAY, JANUARY 3, 2013, UNLESS THE OFFER IS EXTENDED (SUCH TIME AND DATE, AS MAY BE EXTENDED, THE "EXPIRATION DATE"). UTStarcom Holdings Corp., an exempted company incorporated under the laws of the Cayman Islands (the "Company," "UTStar...
mechanism = FIXED...ndered pursuant to notice of guaranteed delivery procedures. In accordance with the terms and conditions of the tender offer, and based on the preliminary count by the depositary, UTStarcom expects to accept for purchase 25,000,000 of its ordinary shares at a purchase price of $1.20 per share, for an aggregate cost of approximately $30 million, excluding fees and expenses relating to the tender offer. The 25,000,000 shares expected to be purchased in the tender offer represent approximately 17.6 percent of UTStarcom’s currently issued and outstanding ordinary shares. Based on these preliminary numbers, UTStarcom anticipates t...
must_tender_all = True...r Shares have been tendered under the procedure for book-entry transfer set forth in Section 3. In what order will you purchase the tendered Shares? We will purchase Shares on the following basis: •first, from all holders of "odd lots" of less than 100 Shares who properly tender all of their Shares and do not properly withdraw them before the expiration of the Offer; •second, after the purchase of all of the Shares properly tendered and not properly withdrawn by odd lot holders, subject to the conditional tender provisions described in Section 6, we will purchase all other Shares properly tendered and not properly withdrawn on a pr...
no_priority = True...to the person will be deducted from the purchase price unless satisfactory evidence of the payment of the stock transfer taxes, or exemption from payment of the stock transfer taxes, is submitted. 6. Conditional Tender of Shares. Subject to the exception for odd lot holders, in the event that the Offer is oversubscribed, Shares properly tendered prior to the Expiration Date will be subject to proration. See Section 1. As discussed in Section 13, the number of Shares to be purchased from a particular shareholder may affect the tax treatment of the purchase to the shareholder and the shareholder's decision whether to tender. Accordingly, a shareholder may tender Shares subject to the condition that a specified minimum number of the share...
price = USD 1.2...inks -- Click here to rapidly navigate through this document Exhibit a(1)(i) Offer to Purchase for Cash by UTStarcom Holdings Corp. of Up to 25,000,000 of its Ordinary Shares At a Purchase Price of $1.20 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON THURSDAY, JANUARY 3, 2013, UNLESS THE OFFER IS EXTENDED (SUCH TIME AND DATE, AS MAY BE EXTENDED, THE "EXPIRATION DATE")....
price = USD 1.2...the terms and conditions of the tender offer, and based on the preliminary count by the depositary, UTStarcom expects to accept for purchase 25,000,000 of its ordinary shares at a purchase price of $1.20 per share, for an aggregate cost of approximately $30 million, excluding fees and expenses relating to the tender offer. The 25,000,000 shares expected to be purchased in the tender offer represent approximately 17.6 percent of U...
threshold = 100...he Offer, subject to applicable law. If we do so, the preceding provisions will apply to the greater total number of Shares. Odd Lots. For purposes of the Offer, the term "odd lots" means all Shares properly tendered by a shareholder (an "odd lot holder") who owns beneficially or of record an aggregate of fewer than 100 Shares 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, "odd lot...
txn_type = CONSOLIDATION...Exchange Act generally prohibits us and our affiliates from purchasing any Shares, other than in the Offer, until at least ten business days after the Expiration Date. Our Board of Directors has authorized us to obtain shareholder approval to effect a 3-for-1 reverse split of our outstanding and authorized ordinary shares. Following the completion of the Offer, we will distribute to shareholders a proposal for the reverse share split and will hold a special meeting of shareholders, at which time we will seek such approval. The timing and details of the special meeting will be communicated at a later date....
txn_type = TENDER_OFFEREX-99.A(5)(III) 2 a12-27464_10ex99da5iii.htm EX-99.(A)(5)(III) Exhibit a(5)(iii) UTStarcom Announces Preliminary Results of its Tender Offer BEIJING, January 4, 2013 — UTStarcom Holdings Corp. (“UTStarcom” or the “Company”) (Nasdaq: UTSI), a leading provider of media operational support services and broadband equipment products and services, today announced the preliminary results of its previously announced tender offer for the purchase of up to 25,000,000 of its ordinary sh...
txn_type = TENDER_OFFER...ary 10, 2013 — UTStarcom Holdings Corp. (“UTStarcom” or the “Company”) (Nasdaq: UTSI), a leading provider of media operational support services and broadband equipment products and services, today announced the final results of its previously announced tender offer to purchase up to 25,000,000 of its ordinary shares at a price of $1.20 per share, which expired at 5:00 P.M., New York City time, on Thursday, January 3, 2013. UTStarcom has accepted for purchase 25,000,000 of its ordinary shares at a price of $1.20 per share, for an aggregate cost of $30,000,000 excluding fees and expenses relating to the tender o...
proration_pct = 39.4...itional tenders that were not accepted due to the specified condition not being satisfied). UTStarcom has been informed by the Depositary that, after giving effect to the priority for “odd lots,” the final proration factor is approximately 39.4%. The Depositary will promptly issue payment for the shares validly tendered and accepted for purchase and will return all other shares tendered. Immediately following the purchase of the tendered shares, UTStarcom expects to have approximately 117,068,276 ordinary shares outstan...

The filings

FiledFormRoleOn EDGAR
2012-11-30SC TO-Ioriginal (governing)View
2013-01-04SC TO-I/AamendmentView
2013-01-10SC TO-I/AamendmentView