Yatra Online, Inc. YTRA
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.
| Status | Closed |
|---|---|
| Closing date | 2026-09-25 |
| How it is priced | Fixed price |
| Odd-lot threshold | — |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Not stated |
| Price offered | USD $1.10 per share |
| Most an odd-lot tender could be | $108.90 |
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 = 2026-09-17...the Offer, the Offeror and its affiliates reserve the right to buy or sell Ordinary Shares of the Company at any time, on such terms and conditions as they deem appropriate. The Offer is scheduled to expire at 12:00 midnight (one minute after 11:59 p.m.), New York City time, on September 17, 2026, unless extended or earlier terminated by the Offeror (the “Expiration Time”). According to the Schedule TO, the Offeror is offering to purchase no fewer than 15,997,545 Shares, representing approximately 25% of the Company’s issued and ou...
expiry = 2026-09-25...mum of 15,997,545 Shares (approximately 25% of the outstanding Shares on an as-converted basis) be validly tendered and revised certain of the other conditions to the Offer. The Offer is scheduled to expire at 12:00 midnight (one minute after 11:59 p.m.), New York City time, on September 25, 2026, unless further extended or earlier terminated by the Offeror (the “Expiration Time”). According to the Schedule TO, the Offeror is offering to purchase up to 20,000,000 Shares. If more than 20,000,000 Shares are validly tendered and not p...
listed = True...sdictional corporate structure and to close the difference between the trading value of the Company and the market value of its interest in Yatra India. The Company has regularly updated shareholders on its restructuring efforts. The Company’s Ordinary Shares are listed on Nasdaq, while the equity shares of Yatra India are separately listed on the National Stock Exchange of India Limited and BSE Limited in India. As the Company disclosed in its 2026 Annual Report on Form 20-F, maintaining these parallel listings requires the Company to incur significant legal, accounting, reporting and other expenses, and require...
mechanism = FIXED...r commenced the Offer one week after the Company announced its earnings results for the three months ended June 30, 2026. The Magna Offer On August 19, 2026, Magna commenced an unsolicited cash tender offer to purchase up to 20,000,000 outstanding Shares at a purchase price of $1.10 per Share, in cash, without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated August 19, 2026, and the related Letter of Transmittal (collectively, as they may be amended or supplemented from time to time, the “Offer”). On the same day, the Offeror filed with the SEC a Tender Offer Statement on Schedu...
mechanism = FIXED...paragraph in the section entitled “The Magna Offer” in Item 4 of the Statement is hereby amended and restated in its entirety as follows: On August 19, 2026, Magna commenced an unsolicited cash tender offer to purchase up to 20,000,000 outstanding Shares at a purchase price of $1.10 per Share, in cash, without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated August 19, 2026, and the related Letter of Transmittal. On the same day, the Offeror filed with the SEC a Tender Offer Statement on Schedule TO relating to the Offer. On September 11, 2026, the Offeror filed with the SEC Ame...
must_tender_all = True...would instead allow the Offeror to capture for itself a substantial portion of the benefit of closing that difference, at the expense of other shareholders. As discussed below, the Offer is only partial and subject to proration, meaning that even shareholders who tender all of their Shares may be left holding unpurchased shares. As a result, if the Offer is consummated, shareholders whose Shares are not purchased as a result of proration would hold an investment in a company subject to the substantial influence of a holder of up to approximately 31% of the outstanding Shares (on an as-converted basis) that has disclosed no...
must_tender_all = True...or risk being left holding less liquid Shares in a company subject to the Offeror’s substantial influence.” in Item 4 of the Statement is hereby amended and restated in its entirety as follows: The Offer is partial and subject to proration; even shareholders who tender all of their Shares may be left holding unpurchased Shares. The Offer is not an offer to acquire the Company. It is an unsolicited partial tender offer pursuant to which the Offeror seeks to acquire approximately 31% of the outstanding Shares (on an as-converted basis), subject to proration. Because of the proration provisions, even shareholders who choose...
no_priority = True...of their Shares may have only a portion of their tendered Shares accepted for payment, and would accordingly retain continuing exposure to the Company following consummation of the Offer with respect to their unpurchased Shares. The Offer does not contain an “odd lot” exception for proration, meaning that even the smallest holders of Shares are subject to proration. The Offer provides no protection to shareholders whose Shares are not purchased. The Offer provides no protection to shareholders who do not tender (or whose Shares are not accepted as a result of proration). If the Offer is consummated, such shareholders would find themselves holding Shares in a company in which the Offeror, a recently...
no_priority = True...of their Shares may have only a portion of their tendered Shares accepted for payment, and would accordingly retain continuing exposure to the Company following consummation of the Offer with respect to their unpurchased Shares. The Offer does not contain an “odd lot” exception for proration, meaning that even the smallest holders of Shares are subject to proration. As originally made, the Offer was conditioned on at least 15,997,545 Shares (approximately 25% of the outstanding Shares on an as-converted basis) being validly tendered. On September 11, 2026, the Offeror eliminated that condition. As a result, the Offeror may purchase however many Shares are tendered, no matter how few, and tendering...
price = USD 1.1...for the three months ended June 30, 2026. The Magna Offer On August 19, 2026, Magna commenced an unsolicited cash tender offer to purchase up to 20,000,000 outstanding Shares at a purchase price of $1.10 per Share, in cash, without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated August 19, 2026, and the related Letter of Transmittal (collectively, as they may be amended or suppleme...
price = USD 1.1...s hereby amended and restated in its entirety as follows: On August 19, 2026, Magna commenced an unsolicited cash tender offer to purchase up to 20,000,000 outstanding Shares at a purchase price of $1.10 per Share, in cash, without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated August 19, 2026, and the related Letter of Transmittal. On the same day, the Offeror filed with the SEC...
txn_type = TENDER_OFFER...terial to persons considering the Offer. 3 According to the Schedule TO, the Offeror has expressly reserved the right, in its sole discretion, at any time and from time to time, and regardless of whether or not any of the events set forth in Section 14 of the Offer to Purchase shall have occurred or shall be deemed by the Offeror to have occurred, to extend the period of time during which the Offer is open and thereby delay acceptance for payment of, and payment for, any Shares. The Offeror has further reserved the right, in its sole discretion, to terminate the Offer if any of the conditions set forth in Sect...
txn_type = TENDER_OFFER...the “Schedule TO”) filed by the Offeror with the Securities and Exchange Commission (the “SEC”) on August 19, 2026, as amended by Amendment No. 1 to the Schedule TO filed by the Offeror with the SEC on September 11, 2026, together with an Amended and Restated Offer to Purchase, dated September 11, 2026 (the “Amended Offer to Purchase”). According to the Schedule TO, the stated purpose of the Offer is for the Offeror to acquire a significant number of the Company’s outstanding Shares based on the Offeror’s stated belief that the Shares are undervalued and represent an attractive investment opportunity. The Offe...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2026-09-01 | SC 14D9 | original (governing) | View |
| 2026-09-14 | SC 14D9/A | amendment | View |