Tutanota | Jotup

AMD Recommends Rejection of “Mini-Tender” Offer from Tutanota LLC

Retrieved on:

Monday, April 1, 2024

Disclosure, Tutanota, AMD, Documentation, News, Security (finance), Cryptocurrency

SANTA CLARA, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) was notified on March 27, 2024 of an unsolicited "mini-tender" offer by Tutanota LLC (“Tutanota”).

Key Points:

SANTA CLARA, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) was notified on March 27, 2024 of an unsolicited "mini-tender" offer by Tutanota LLC (“Tutanota”).
This means that unless this condition is waived by Tutanota, AMD stockholders who tender shares in the offer will receive a below-market price.
AMD does not in any way recommend or endorse the Tutanota offer because the offer requires that the closing price for AMD common stock exceed the offer price, and the offer price is subject to numerous additional conditions, including Tutanota obtaining financing for the offer.
AMD is in no way associated with Tutanota, the "mini-tender" offer or the offer documentation.

ASML cautions investors regarding Tutanota LLC’s “mini-tender” offer

Retrieved on:

Thursday, March 28, 2024

ASML Holding, ASML, Letter, Tutanota, News, AFM, Disclosure, Market, Financial adviser

ASML is not associated in any way with Tutanota or its mini-tender offer and recommends that shareholders reject this unsolicited mini-tender offer.

Key Points:

ASML is not associated in any way with Tutanota or its mini-tender offer and recommends that shareholders reject this unsolicited mini-tender offer.
ASML recommends that shareholders do not tender their shares in response to Tutanota’s offer because Tutanota’s offer is conditioned on, among other things, the closing price per share of ASML’s ordinary shares exceeding the offer price on the last trading day before the offer expires and is subject to numerous additional conditions, including Tutanota obtaining financing for the offer.
Tutanota also states in its offer documents that it expects to extend the offer for successive periods of up to 180 days until the market price of ASML’s ordinary shares exceeds the offer price.
ASML warns investors that the offer does not comply with, and does not offer the protections of, the public offer regulations of the Dutch Financial Markets Supervision Act.

Bristol Myers Squibb Recommends Stockholders Reject “Mini-Tender” Offer by Tutanota LLC

Retrieved on:

Wednesday, February 14, 2024

Biotechnology, Pharmaceutical, Health, BMY, Shareholder, Tutanota, News, Disclosure, Letter, Bristol Myers Squibb, Eastern Time Zone, Pharmaceutical industry

Bristol Myers Squibb (NYSE: BMY) today announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC (“Tutanota”) to purchase up to five hundred thousand shares of Bristol Myers Squibb’s common stock, representing significantly less than one percent of Bristol Myers Squibb’s common stock outstanding, at an offer price of $55 per share (“Offer Price”).

Key Points:

Bristol Myers Squibb (NYSE: BMY) today announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC (“Tutanota”) to purchase up to five hundred thousand shares of Bristol Myers Squibb’s common stock, representing significantly less than one percent of Bristol Myers Squibb’s common stock outstanding, at an offer price of $55 per share (“Offer Price”).
This means that Bristol Myers Squibb stockholders who tender their shares in the offer will receive a below-market price if the offer conditions are satisfied and their shares are accepted in the tender offer.
Bristol Myers Squibb recommends that stockholders do not tender their shares in response to Tutanota’s offer because the offer is conditional on the Offer Price being below the market price for Bristol Myers Squibb’s common stock and subject to numerous additional conditions, including Tutanota obtaining financing for the offer.
Bristol Myers Squibb does not endorse Tutanota’s unsolicited mini-tender offer and is not associated in any way with Tutanota, its mini-tender offer, or its mini-tender offer documents.

NVIDIA Recommends Stockholders Reject ‘Mini-Tender’ Offer by Tutanota LLC

Retrieved on:

Friday, May 27, 2022

This means that unless Tutanota waives this condition, NVIDIA stockholders who tender their shares in the offer will receive a below-market price.

Key Points:

This means that unless Tutanota waives this condition, NVIDIA stockholders who tender their shares in the offer will receive a below-market price.
NVIDIA cautions stockholders that Tutanota has stated it expects to extend the offer for successive periods of 45 to 180 days, in which case payment would be delayed beyond the scheduled expiration date of Friday, May 27, 2022.
NVIDIA recommends that stockholders do not tender their shares in response to Tutanotas offer because the offer requires that the closing price per share of NVIDIAs common stock exceed the offer price, and the offer is subject to numerous additional conditions, including Tutanota obtaining financing for the offer.
NVIDIA does not endorse Tutanotas unsolicited mini-tender offer and is not associated in any way with Tutanota, its mini-tender offer or its mini-tender offer documents.

Adobe Recommends Stockholders Reject “Mini-Tender” Offer by Tutanota LLC

Retrieved on:

Thursday, March 17, 2022

Technology, Software, Photography, Bangladesh Securities and Exchange Commission, Tutanota, ADBE, Eastern Time Zone, Letter, News, SEC, Review, Shareholder, U.S. Securities and Exchange Commission, Disclosure, Nasdaq, Security (finance), Financial adviser, Asset management, Adobe

This means that unless Tutanota waives this condition, Adobe stockholders who tender their shares in the offer will receive a below-market price.

Key Points:

This means that unless Tutanota waives this condition, Adobe stockholders who tender their shares in the offer will receive a below-market price.
Adobe cautions stockholders that Tutanota can extend the offer for successive periods of 45 to 180 days, in which case payment would be delayed beyond the scheduled expiration date of Friday, April 8, 2022.
Adobe recommends that stockholders do not tender their shares in response to Tutanota's offer because the offer is at a price below a conditional market price for Adobe's common stock and subject to numerous additional conditions.
Adobe does not endorse Tutanota's unsolicited mini-tender offer and is not associated in any way with Tutanota, its mini-tender offer, or its mini-tender offer documents.

PayPal Recommends Stockholders Reject Mini-tender Offer by Tutanota LLC

Retrieved on:

Friday, February 25, 2022

Shareholder, Security (finance), NASDAQ, Tutanota, U.S. Securities and Exchange Commission, PayPal, Commerce, PYPL, News, Disclosure, SAN, EDT, Technology, Bangladesh Securities and Exchange Commission, SEC, Online shopping, Financial adviser

This means that unless this condition is waived by Tutanota, PayPal stockholders who tender their shares in the offer will receive a below-market price.

Key Points:

This means that unless this condition is waived by Tutanota, PayPal stockholders who tender their shares in the offer will receive a below-market price.
PayPal recommends that stockholders do not tender their shares in response to Tutanota's offer because the offer requires that the closing stock price for PayPal common stock exceed the offer price, and the offer is subject to numerous additional conditions, including Tutanota obtaining financing for the offer.
PayPal does not endorse Tutanota's unsolicited mini-tender offer and is not affiliated or associated in any way with Tutanota, its mini-tender offer, or its mini-tender offer documents.
Stockholders should obtain current market quotations for their shares, consult with their broker or financial advisor, and exercise caution with respect to Tutanota's mini-tender offer.

Disney Recommends Shareholders Reject Mini-tender Offer by Tutanota LLC

Retrieved on:

Tuesday, February 8, 2022

Entertainment, General Entertainment, Theme Parks, TV and Radio, Film & Motion Pictures, Licensing (Entertainment), The Walt Disney Company, Bangladesh Securities and Exchange Commission, News, U.S. Securities and Exchange Commission, NYSE, Documentation, Disclosure, Tutanota, Security (finance)

The Walt Disney Company (NYSE: DIS) has been notified of an unsolicited mini-tender offer by Tutanota LLC (Tutanota) to purchase up to 240,000 shares of Disney common stock at a price of $143 per share in cash.

Key Points:

The Walt Disney Company (NYSE: DIS) has been notified of an unsolicited mini-tender offer by Tutanota LLC (Tutanota) to purchase up to 240,000 shares of Disney common stock at a price of $143 per share in cash.
Disney recommends that shareholders not tender their shares in response to Tutanotas unsolicited offer because the offer is conditioned on the closing price per share of Disneys common stock exceeding $143 per share on the last trading day before the offer expires.
This means that unless this condition is waived by Tutanota, Disney shareholders who tender their shares in the offer will receive a below-market price.
Disney is not affiliated or associated in any way with Tutanota, its mini-tender offer or the offer documentation.