Cryptocurrency Q&A
What if the exchange offer is consummated but not fully subscribed?
What if the exchange offer is consummated but not fully subscribed?
CryptoTrader
Thu Dec 12 2024
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7 answers
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I'm wondering about a scenario where an exchange offer has been consummated, meaning all terms and conditions have been met, but not all of the offered securities have been subscribed or purchased. What happens in such a case?
7 answers
Alessandro
Sat Dec 14 2024
In the event that the exchange offer is successfully completed but not fully subscribed, Cummins has outlined its intentions.
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EthereumEagle
Sat Dec 14 2024
Specifically, Cummins plans to distribute the shares of Atmus common stock that were offered but not exchanged in the exchange offer.
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CryptoPioneer
Sat Dec 14 2024
This distribution will be made to Cummins' shareholders on a tax-free basis.
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MountFujiView
Sat Dec 14 2024
The shares of Atmus common stock will be distributed as a dividend.
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Nicola
Fri Dec 13 2024
The dividend will be distributed on a pro rata basis.
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