Tiberius Capital Increases Its Tender Offer Price to $1.25 Per Share for all MathStar (OTC: MATH.PK) Common Shares; Extends Offe

Share Name	Share Symbol	Market	Type
Meidell Tactical Advantage Etf (delisted)	AMEX:MATH	AMEX	Common Stock

Share Name

Share Symbol

Market

Type

Meidell Tactical Advantage Etf (delisted)

AMEX:MATH

AMEX

Common Stock

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	33.00				0	01:00:00

Price Change

% Change

Share Price

High Price

Low Price

Open Price

Shares Traded

Last Trade

0.00

0.00%

33.00

01:00:00

Tiberius Capital Increases Its Tender Offer Price to $1.25 Per Share for all MathStar (OTC: MATH.PK) Common Shares; Extends Offe

06/07/2009 12:00pm

PR Newswire (US)

Meidell Tactical Advantage Etf (delisted) (AMEX:MATH)
Historical Stock Chart

From Jun 2019 to Jun 2024

Click Here for more Meidell Tactical Advantage Etf (delisted) Charts.

CHICAGO, July 6 /PRNewswire/ -- Tiberius Capital II, LLC ("Tiberius"), a value-opportunity fund located in Chicago, announced today that it is increasing the purchase price in its tender offer for all MathStar (Pink Sheets: MATH) common shares from $1.15 to $1.25 net per share in cash (without interest and subject to applicable withholding taxes). Tiberius also announced that it is extending the tender offer until 11:59 P.M., New York City time, on July 20, 2009, and that it is reducing the "Minimum Tender Condition" to the tender offer from a majority of outstanding MathStar shares to 3,000,000 of such shares. As of July 2, 2009, approximately 672,000 MathStar common shares have been tendered and not withdrawn. All MathStar shareholders who have tendered will receive the higher $1.25 price. Tiberius urges all MathStar shareholders to tender all of their shares as soon as possible prior to the Expiration Date on July 20, 2009, at 11:59 P.M., New York City Time. Forward-looking Statements This press release contains forward-looking statements. All statements contained herein that are not clearly historical in nature or that may necessarily depend on future events are forward-looking, and the words "anticipate," "believe," "expect," "estimate," "plan," "potential," "strategy," "pursue," and similar expressions are generally intended to identify forward-looking statements. Such statements are based on management's current expectations, but actual results may differ materially due to various factors such as delays in effecting the tender offer, unanticipated events, prolonged adverse conditions in the U.S. economy, and expectations regarding MathStar's financial condition and liquidity. Forward-looking statements involve risks and uncertainties. DATASOURCE: Tiberius Capital, LLC CONTACT: Mellon Investor Services LLC, 1-866-223-5707, for Tiberius Capital II, LLC

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

MATH Meidell Tactical Advantage Etf (delisted)