menu
Insights, News, & Events arrow_right News arrow_right

Surge Components, Inc. Tender Offer

03 February 2017 Articles

Surge Components, Inc. (OTC Pink: SPRS), a leading supplier of capacitors, discrete semi-conductors and audible and sounding devices, announced it has reached an agreement with investors Bradley Rexroad and Michael Tofias, who together own approximately 22% of Surge’s outstanding shares. Pursuant to the agreement, Surge announced today that it will commence an issuer tender offer to repurchase at least 5.0 million shares at a price of $1.43 per share.

Morrow Sodali is serving as the information agent for this transaction.

Media enquiries

To contact our global experts for comments please get in touch below.

Contact us chevron_right

Subscribe

close

Sign up with your email