CNNE.US Odd lot tender offer

CANNAE HLDGS INC (CNNE.US) announced an odd lot tender offer for holders of less than 100 shares. The tender price at bid price of $20.75 to $23.75 per share or at a non-specified price. Participants should consult their tax advisor for complete details in reference to withholding taxes.

The terms of the offer are as follows:

Option (1): Take no action [Default option].

Option (2): Tender shares - AT BID PRICE OF $20.75 TO $23.75 PER SHARES.

Option (3): Tender shares - AT A NON-SPECIFIED PRICE.

The deadline to tender shares to the offer will be 25/03/2024@ 16:00 (HONG KONG TIME GMT+8)

In the absence of an election, no action will be taken.

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: CNNE.US
4. Options: (1) or (2) or (3)
5. Number of shares participating in corporate actions:

Note to applicants:
1. If shareholders holding less than 1 share of CNNE.US, they cannot participate in related corporate actions.
2. Option (1) is the default option. We will help clients to choose option (1) if have not received clients’ emails.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.

Helpful？

Yes No