Yucheng Technologies LTD
Terms unclear
Unclear — read the filing yourself
No closing date could be read from these filings. Nothing has been filed for this offer in over six months, so it is treated as closed — a tender offer cannot run that long. Check the filings below if you think otherwise.
| Status | Closed (assumed) |
|---|---|
| Closing date | could not be read; last filing 2012-11-30 |
| 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 $3.80 per share |
| Most an odd-lot tender could be | $376.20 |
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.
listed = True...the merger is not completed for any other reason, our shareholders will not receive any payment for their shares pursuant to the merger agreement. Instead, the Company will remain a publicly traded company. The Company’s shares will continue to be listed and traded on NASDAQ, provided that the Company continues to meet NASDAQ’s listing requirements. In addition, the Company will remain subject to SEC reporting obligations. Therefore, our shareholders will continue to be subject to similar risks and opportunities as they currently are with respect to their ownership of our shares. Under specified circumstances in which the merger agreement is terminated, the C...
listed = True...the merger is not completed for any other reason, our shareholders will not receive any payment for their shares pursuant to the merger agreement. Instead, the Company will remain a publicly traded company. The Company’s shares will continue to be listed and traded on NASDAQ, provided that the Company continues to meet NASDAQ’s listing requirements. In addition, the Company will remain subject to SEC reporting obligations. Therefore, our shareholders will continue to be subject to similar risks and opportunities as they currently are with respect to their ownership of our shares. Under specified circumstances in which the merger agreement is terminated, the C...
listed = True...the merger is not completed for any other reason, our shareholders will not receive any payment for their shares pursuant to the merger agreement. Instead, the Company will remain a publicly traded company. The Company’s shares will continue to be listed and traded on NASDAQ, provided that the Company continues to meet NASDAQ’s listing requirements. In addition, the Company will remain subject to SEC reporting obligations. Therefore, our shareholders will continue to be subject to similar risks and opportunities as they currently are with respect to their ownership of our shares. Under specified circumstances in which the merger agreement is terminated, the C...
listed = True...the merger is not completed for any other reason, our shareholders will not receive any payment for their shares pursuant to the merger agreement. Instead, the Company will remain a publicly traded company. The Company’s shares will continue to be listed and traded on NASDAQ, provided that the Company continues to meet NASDAQ’s listing requirements. In addition, the Company will remain subject to SEC reporting obligations. Therefore, our shareholders will continue to be subject to similar risks and opportunities as they currently are with respect to their ownership of our shares. Under specified circumstances in which the merger agreement is terminated, the C...
listed = True...the merger is not completed for any other reason, our shareholders will not receive any payment for their shares pursuant to the merger agreement. Instead, the Company will remain a publicly traded company. The Company’s shares will continue to be listed and traded on NASDAQ, provided that the Company continues to meet NASDAQ’s listing requirements. In addition, the Company will remain subject to SEC reporting obligations. Therefore, our shareholders will continue to be subject to similar risks and opportunities as they currently are with respect to their ownership of our shares. Under specified circumstances in which the merger agreement is terminated, the C...
mechanism = FIXED...Beijing with Cleary and Roth to discuss Roth’s preliminary financial analyses. At the meeting, Roth presented the independent committee with its preliminary financial analyses of Mr. Hong’s proposal to acquire all the shares not beneficially owned by him at a purchase price of $3.80 per share based on the latest market information on the Company’s shares and the Company Financial Projections as of June 13, 2012, using the following methods: historical share price analysis, “going-private” premium paid analysis, selected public companies analysis and discounted cash flow analysis. Roth explained each of the analytical methods...
mechanism = FIXED...Beijing with Cleary and Roth to discuss Roth’s preliminary financial analyses. At the meeting, Roth presented the independent committee with its preliminary financial analyses of Mr. Hong’s proposal to acquire all the shares not beneficially owned by him at a purchase price of $3.80 per share based on the latest market information on the Company’s shares and the Company financial projections provided to Roth on June 13, 2012, using the following methods: historical share price analysis, “going-private” premium paid analysis, selected public companies analysis and discounted cash flow analysis. In its discussions with the inde...
mechanism = FIXED...Beijing with Cleary and Roth to discuss Roth’s preliminary financial analyses. At the meeting, Roth presented the independent committee with its preliminary financial analyses of Mr. Hong’s proposal to acquire all the shares not beneficially owned by him at a purchase price of $3.80 per share based on the latest market information on the Company’s shares and the Company financial projections provided to Roth on June 13, 2012, using the following methods: historical share price analysis, “going-private” premium paid analysis, selected public companies analysis and discounted cash flow analysis. In its discussions with the inde...
mechanism = FIXED...Beijing with Cleary and Roth to discuss Roth’s preliminary financial analyses. At the meeting, Roth presented the independent committee with its preliminary financial analyses of Mr. Hong’s proposal to acquire all the shares not beneficially owned by him at a purchase price of $3.80 per share based on the latest market information on the Company’s shares and the Company financial projections provided to Roth on June 13, 2012, using the following methods: historical share price analysis, “going-private” premium paid analysis, selected public companies analysis and discounted cash flow analysis. In its discussions with the inde...
mechanism = FIXED...Beijing with Cleary and Roth to discuss Roth’s preliminary financial analyses. At the meeting, Roth presented the independent committee with its preliminary financial analyses of Mr. Hong’s proposal to acquire all the shares not beneficially owned by him at a purchase price of $3.80 per share based on the latest market information on the Company’s shares and the Company financial projections provided to Roth on June 13, 2012, using the following methods: historical share price analysis, “going-private” premium paid analysis, selected public companies analysis and discounted cash flow analysis. In its discussions with the inde...
price = USD 3.8...t the meeting, Roth presented the independent committee with its preliminary financial analyses of Mr. Hong’s proposal to acquire all the shares not beneficially owned by him at a purchase price of $3.80 per share based on the latest market information on the Company’s shares and the Company Financial Projections as of June 13, 2012, using the following methods: historical share price analysis, “going-private” premium paid analys...
price = USD 2.6-4.56...; and (vii) that a preliminary discounted cash flow analysis based upon the Company financial projections provided to Roth on June 13, 2012 resulted in a equity value per share of between $2.60 and $4.56 per share, using discount ranges from 12.5% to 15.0% and terminal growth rates of between 4.0% and 6.0%. Roth explained each of the analytical methods applied and considerations taken into account in preparing the preliminary fin...
price = USD 2.6-4.56...; and (vii) that a preliminary discounted cash flow analysis based upon the Company financial projections provided to Roth on June 13, 2012 resulted in a equity value per share of between $2.60 and $4.56 per share, using discount ranges from 12.5% to 15.0% and terminal growth rates of between 4.0% and 6.0%. Roth explained each of the analytical methods applied and considerations taken into account in preparing the preliminary fin...
price = USD 2.6-4.56...; and (vii) that a preliminary discounted cash flow analysis based upon the Company financial projections provided to Roth on June 13, 2012 resulted in a equity value per share of between $2.60 and $4.56 per share, using discount ranges from 12.5% to 15.0% and terminal growth rates of between 4.0% and 6.0%. Roth explained each of the analytical methods applied and considerations taken into account in preparing the preliminary fin...
price = USD 2.6-4.56...; and (vii) that a preliminary discounted cash flow analysis based upon the Company financial projections provided to Roth on June 13, 2012 resulted in a equity value per share of between $2.60 and $4.56 per share, using discount ranges from 12.5% to 15.0% and terminal growth rates of between 4.0% and 6.0%. Roth explained each of the analytical methods applied and considerations taken into account in preparing the preliminary fin...
txn_type = CONSOLIDATION...the Buyer Group believed that the merger was the most direct and effective way to enable the Buyer Group to acquire 100% control of the Company. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing deal structure to unaffiliated shareholders. Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for any other reason, shareholders wi...
txn_type = CONSOLIDATION...ction because it believed that the merger was the most direct and effective way to enable the Buyer Group to acquire 100% control of the Company. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing deal structure to unaffiliated shareholders. Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for any other reason, shareholders wi...
txn_type = CONSOLIDATION...ction because it believed that the merger was the most direct and effective way to enable the Buyer Group to acquire 100% control of the Company. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing deal structure to unaffiliated shareholders. Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for any other reason, shareholders wi...
txn_type = CONSOLIDATION...ction because it believed that the merger was the most direct and effective way to enable the Buyer Group to acquire 100% control of the Company. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing deal structure to unaffiliated shareholders. Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for any other reason, shareholders wi...
txn_type = CONSOLIDATION...ction because it believed that the merger was the most direct and effective way to enable the Buyer Group to acquire 100% control of the Company. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing deal structure to unaffiliated shareholders. Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for any other reason, shareholders wi...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2012-08-24 | SC 13E3 | original (governing) | View |
| 2012-10-10 | SC 13E3/A | amendment | View |
| 2012-10-30 | SC 13E3/A | amendment | View |
| 2012-11-21 | SC 13E3/A | amendment | View |
| 2012-11-30 | SC 13E3/A | amendment | View |