Odd Lot Index

YieldStreet Prism Fund Inc.

Not traded — nothing to buy

Read automatically from the filing
The filing says these shares are not traded on any market. The odd-lot term may be real, but there is no way to buy the shares, so there is no trade here.
StatusClosed
Closing date2021-11-30
How it is pricedPriced at net asset value
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formNot stated

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 = 2021-11-30...99a(1)(A) OFFER TO PURCHASE FOR CASH BY YIELDSTREET PRISM FUND INC. SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE EQUAL TO THE COMPANY’S NET ASSET VALUE PER SHARE AS OF SEPTEMBER 30, 2021 THE OFFER WILL EXPIRE AT ONE MINUTE PAST 11:59 PM, EASTERN TIME, ON NOVEMBER 30, 2021, UNLESS THE OFFER IS EXTENDED. To the Stockholders of YieldStreet Prism Fund Inc.: YieldStreet Prism Fund Inc., an externally managed, non-diversified, closed-end management investment company incorporated in Maryland (the “Company,” “our,...
mechanism = NAVEX-99.(A)(1)(A) 2 tm2131252d1_ex99a1a.htm OFFER TO PURCHASE Exhibit 99a(1)(A) OFFER TO PURCHASE FOR CASH BY YIELDSTREET PRISM FUND INC. SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE EQUAL TO THE COMPANY’S NET ASSET VALUE PER SHARE AS OF SEPTEMBER 30, 2021 THE OFFER WILL EXPIRE AT ONE MINUTE PAST 11:59 PM, EASTERN TIME, ON NOVEMBER 30, 2021, UNLESS THE OFFER IS EXTENDED. To the Stockholders of YieldStreet Prism Fund Inc.: YieldStreet Prism Fund Inc., an externally managed, non-diversified, closed-end management investment company incorporated in Maryland (the “Comp...
must_tender_all = True...f the date of this Offer are eligible to be repurchased pursuant to the Offer. If the amount of repurchase requests exceeds the number of Shares we seek to repurchase, we will repurchase Shares on a pro-rata basis (subject to the exception for Odd Lot Holders who tender all of their Shares). To the extent that any Shares are not purchased during the Offer, you may have the opportunity to tender such shares in future tender offers as described under Section 2. Notwithstanding any other provision of the Offer, we will not be required to purchase any Shares tendered pursuant to the Offer if such repurchase will cause us to be...
price = USD 9.74...incorporated in Maryland (the “Company,” “our,” “we,” or “us”), is offering to purchase up to 442,362 of its issued and outstanding common stock, par value $0.001 per share, at a purchase price of $9.74 per share ("Shares"). The term “Shares” as used herein refers to all of our shares of common stock held by stockholders as of the date of this Offer to Purchase. At the discretion of our Board of Directors (the "Board"), we may u...
priority = True...per Share was $9.74. Are there conditions to the Offer? · Yes. To the extent that the number of Shares of our common stock submitted to us for repurchase exceeds the number of Shares that we are able to purchase, we will repurchase Shares on a pro rata basis, subject to “odd lot” priority, from among the requests for repurchase received by us, not on a first-come, first-served basis. Further, we will have no obligation to repurchase Shares if the repurchase would violate the restrictions on distributions under federal law or Maryland law, which prohibit distributions that would cause a corporation to fail to meet statutor...
threshold = 100..., in accordance with the number of Shares tendered by each stockholder (and not timely withdrawn). Any Shares not purchased during the tender offer period will need to be re-submitted for repurchase in subsequent offers at the subsequent per-Share price. 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 check the “I’d like to sell my entire position” box as part of the tender flow access...
txn_type = TENDER_OFFEREX-99.(A)(1)(A) 2 tm2131252d1_ex99a1a.htm OFFER TO PURCHASE Exhibit 99a(1)(A) OFFER TO PURCHASE FOR CASH BY YIELDSTREET PRISM FUND INC. SHARES OF ITS COMMON STOCK AT A PURCHASE PRICE EQUAL TO THE COMPANY’S NET ASSET VALUE PER SHARE AS OF SEPTEMBER 30, 2021 THE OFFER WILL EXPIRE AT ONE MINUTE PAST 11:59 PM, EASTERN TIME, ON NOVEMBER 30, 2021, UNLESS THE OFFER IS EXTENDED. To the Stockholders of Yi...
untradeable = True...rs (the "Board"), we may use cash on hand, cash available from borrowings and cash from the sale of investments as of the end of the applicable period to repurchase shares. The purpose of this Offer to Purchase is to provide stockholders with liquidity, since there is no public market for our Shares. See Section 2 below. The offer is made upon the terms and subject to the conditions set forth in this Offer to Purchase and the related Letter of Transmittal (which, together with any amendments or supplements thereto, collectively constitute the “Offer”). The Offer is for cash at a price of $9.74 per Share, the net asset value per Shar...

The filings

FiledFormRoleOn EDGAR
2021-11-02SC TO-Ioriginal (governing)View