Advanced Emissions Solutions (ADES) Odd-Lot Tender
- Company: Advanced Emissions Solutions
- Ticker: ADES
- Market Cap: $220mm
- Size of Action: up to ~$10mm
- Type of Transaction: Dutch Tender Offer with Odd-Lot Provision
- Current Price: $9.85
- Tender Price: $9.40 to $10.80
- Potential Gain (%): ~10% (assuming upper limit)
- Expiration: June 5th, 2017
- Tender Limit (Shares): 99
- Max Investment ($): ~$1,000
- Max Gain ($): ~$95
- Link: Filing
- Summary: Advanced Emissions Solutions is offering to buy up to 925k of its shares at $9.40 to $10.80.
- Odd Lot Provision: ...we will purchase all shares tendered at or below the purchase price on a pro rata basis, except for “odd lots” (lots held by owners of less than 100 shares), which we will purchase on a priority basis, ....
- All information contained on or available through this Web Site (“the Content”) is for general information purposes only and does not constitute any investment advice.
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