New book by Larry Connors Click here Improve your trading - See how
Based on the preliminary count by the depositary for the offer at the time of expiry of the offer, which wasA00:01 New York City time on Wednesday,Aapproximately 3,315,836 shares of the company's common stock were validly tendered and not validly withdrawn, including approximately 20,545 shares tendered by notices of guaranteed delivery.
Desert Equity plans to purchase all 3,315,836 shares tendered at a purchase price of USD4.25 net per share, for a total purchase price of USD14,092,303.00.
After this purchase Desert Equity will directly beneficially own 3,315,836 shares or approximately 14.45% of the outstanding shares of White Design's common stock.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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