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.
Related News
Sodali & Co implements US$13bn Sovereign External Debt Restructuring for Republic of Ghana
17 October 2024
Sodali & Co Debt Team supports Ukraine to achieve budget liquidity and financial stability
12 September 2024
Norges Bank bets on Sabadell and Unicaja, and reduces exposure elsewhere
23 August 2024
Launch of Sodali & Co, New Company Formed from Morrow Sodali Following Rapid International Growth
15 July 2024
Media enquiries
To contact our global experts for comments please get in touch below.
Contact us chevron_right