Welcome to our dedicated page for Western Capital news (Ticker: WCRS), a resource for investors and traders seeking the latest updates and insights on Western Capital stock.
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Western Capital Resources (WCRS) has completed its tender offer for common stock shares, which expired on April 17, 2025. The company accepted 680,087 shares for purchase, representing approximately 7.7% of total outstanding shares. This amount exceeded the initial maximum target by 13,421 shares, leading Western Capital to amend the offer to accommodate all valid tenders.
The company will fund the share purchases using available cash on hand. Following the completion of the tender offer, Western Capital will have approximately 8,143,000 shares of Common Stock remaining outstanding. The payment for tendered shares will be made in cash without interest through Equiniti Trust Company, , the depositary for the tender offer.
