Western Capital Resources, Inc. Announces Expiration and Results of Tender Offer
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.
Western Capital Resources (WCRS) ha completato la sua offerta pubblica di acquisto per azioni ordinarie, scaduta il 17 aprile 2025. La società ha accettato l'acquisto di 680.087 azioni, pari a circa il 7,7% del totale delle azioni in circolazione. Questa quantità ha superato l'obiettivo massimo iniziale di 13.421 azioni, portando Western Capital a modificare l'offerta per accogliere tutte le proposte valide.
La società finanzierà l'acquisto delle azioni utilizzando la liquidità disponibile. Al termine dell'offerta pubblica di acquisto, Western Capital avrà circa 8.143.000 azioni ordinarie ancora in circolazione. Il pagamento delle azioni offerte sarà effettuato in contanti senza interessi tramite Equiniti Trust Company, il depositario dell'offerta.
Western Capital Resources (WCRS) ha concluido su oferta pública de adquisición de acciones ordinarias, que venció el 17 de abril de 2025. La compañía aceptó la compra de 680,087 acciones, que representan aproximadamente el 7.7% del total de acciones en circulación. Esta cantidad superó el objetivo máximo inicial en 13,421 acciones, lo que llevó a Western Capital a modificar la oferta para aceptar todas las propuestas válidas.
La empresa financiará la compra de acciones con efectivo disponible. Tras la finalización de la oferta, Western Capital tendrá aproximadamente 8,143,000 acciones ordinarias en circulación. El pago por las acciones ofrecidas se realizará en efectivo sin intereses a través de Equiniti Trust Company, el depositario de la oferta.
Western Capital Resources (WCRS)는 2025년 4월 17일에 만료된 보통주 공개매수 제안을 완료했습니다. 회사는 총 발행 주식의 약 7.7%에 해당하는 680,087주를 매입하기로 수락했습니다. 이 수량은 초기 최대 목표를 13,421주 초과하여 Western Capital이 모든 유효한 매수 신청을 수용하도록 제안을 수정하게 되었습니다.
회사는 보유 현금을 사용하여 주식 매입 자금을 조달할 예정입니다. 공개매수 완료 후 Western Capital은 약 8,143,000주의 보통주가 남아 있게 됩니다. 매도된 주식에 대한 대금은 이자 없이 공개매수 예탁기관인 Equiniti Trust Company를 통해 현금으로 지급됩니다.
Western Capital Resources (WCRS) a finalisé son offre publique d'achat d'actions ordinaires, qui a expiré le 17 avril 2025. La société a accepté l'achat de 680 087 actions, représentant environ 7,7% du total des actions en circulation. Ce nombre a dépassé l'objectif maximum initial de 13 421 actions, ce qui a conduit Western Capital à modifier l'offre afin d'accepter toutes les propositions valides.
La société financera l'achat des actions avec les liquidités disponibles. À la suite de cette opération, Western Capital disposera d'environ 8 143 000 actions ordinaires en circulation. Le paiement des actions proposées sera effectué en espèces, sans intérêts, via Equiniti Trust Company, dépositaire de l'offre.
Western Capital Resources (WCRS) hat sein Übernahmeangebot für Stammaktien abgeschlossen, das am 17. April 2025 abgelaufen ist. Das Unternehmen hat den Kauf von 680.087 Aktien akzeptiert, was etwa 7,7% der insgesamt ausstehenden Aktien entspricht. Diese Menge überstieg das ursprünglich festgelegte Höchstziel um 13.421 Aktien, weshalb Western Capital das Angebot änderte, um alle gültigen Gebote zu berücksichtigen.
Das Unternehmen wird den Aktienkauf mit verfügbaren liquiden Mitteln finanzieren. Nach Abschluss des Übernahmeangebots wird Western Capital etwa 8.143.000 Stammaktien im Umlauf haben. Die Zahlung für die angebotenen Aktien erfolgt zinsfrei in bar über die Equiniti Trust Company, den Depotverwalter des Angebots.
- Company has sufficient cash reserves to fund the share repurchase
- Successful completion of tender offer reducing shares outstanding by 7.7%
- Tender offer exceeded initial maximum target, requiring amendment
Western Capital is amending the tender offer to increase the maximum number of shares of its Common Stock that it may purchase in the tender offer to 680,087 shares and has accepted for purchase 680,087 shares of its Common Stock. The shares purchased pursuant to the tender offer represent approximately
Because the increase in the size of the tender offer of 13,421 shares represents less than
Equiniti Trust Company, LLC, the depositary for the tender offer, will promptly pay for the shares of Common Stock accepted for purchase. Payment for the shares will be made in cash, without interest. Upon completion of the tender offer, Western Capital will have approximately 8,143,000 shares of Common Stock issued and outstanding.
D.F. King & Co., Inc. serves as information agent for the tender offer. Questions and requests for assistance may be directed to the information agent at Collect: (212) 256-9073 or Toll-Free: (866) 620-2536.
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SOURCE Western Capital Resources, Inc.
FAQ
How many shares did Western Capital Resources (WCRS) purchase in its April 2025 tender offer?
What is the remaining share count for WCRS after the April 2025 tender offer?
How is Western Capital Resources funding the tender offer purchase?
Did WCRS extend the tender offer deadline beyond April 17, 2025?
