Tender Offer - CALIFORNIA FIRST LEASING CORP
Form Type: SC TO-I/A
Filing Date: 2025-06-30
Corporate Action: Tender-offer
Type: Update
Accession Number: 000080301625000020
Filing Summary: California First Leasing Corporation has filed Amendment No. 3 to its Tender Offer Statement originally submitted on May 20, 2025. This tender offer is for the purchase of up to 330,000 shares of Common Stock at a price of $18.50 per share, in cash. The Amendment provides updated information related to the tender offer, including details on the final results announced on June 27, 2025, which indicated that the offer expired on June 24, 2025, at 5:00 p.m. New York City time. The document states that this filing does not change any previously reported information except for the items specifically amended in this document. Related exhibits are referenced within the filing.
Additional details:
Item 11 Additional Information: On June 27, 2025, the Company issued a release announcing the final results of the Offer.
Purchase Price: $18.50
Number Of Shares Offered: 330,000
Form Type: SC TO-I/A
Filing Date: 2025-06-25
Corporate Action: Tender-offer
Type: Update
Accession Number: 000080301625000018
Filing Summary: California First Leasing Corporation filed Amendment No. 2 to its Tender Offer Statement on Schedule TO on June 25, 2025. The amendment revises the initial tender offer filed on May 20, 2025, allowing the company to purchase up to 330,000 shares of its Common Stock at a price of $18.50 per share. The amendment states that approximately 669,285 shares were tendered and not withdrawn before the offer's expiration on June 24, 2025. The expected proration factor is estimated at 49.3%, indicating that shareholders who tendered shares can expect to sell a fraction of their total shares at the offered price. Additionally, a press release was issued on June 25, 2025, announcing the preliminary results of the offer.
Additional details:
Tender Offer Price: 18.5
Shares Tendered: 669285
Proration Factor: 49.3
Offer Expiration Date: 2025-06-24
Form Type: SC TO-I/A
Filing Date: 2025-06-05
Corporate Action: Tender-offer
Type: Update
Accession Number: 000080301625000015
Filing Summary: California First Leasing Corporation filed Amendment No. 1 to its Tender Offer Statement on Schedule TO, initially filed on May 20, 2025. This amendment relates to the company’s offer to purchase up to 330,000 shares of its Common Stock at a purchase price of $18.50 per share in cash, without interest. The amendment supplements the original tender offer and incorporates information from prior filings, including the Original Offer to Purchase and the related Supplement No. 1. The filing acknowledges that financial condition is not material to security holder decisions regarding the tender offer, as the company is not subject to any financing conditions. A detailed list of offers and exhibits included in the filing is provided, confirming the company's compliance and transparency regarding the tender offer process.
Additional details:
Title Of Class: Common Stock
Cusip Number: 130222102
Purchase Price Per Share: $18.50
Number Of Shares: 330,000
Form Type: SC TO-I
Filing Date: 2025-05-20
Corporate Action: Tender-offer
Type: New
Accession Number: 000117494725000805
Filing Summary: California First Leasing Corporation has filed a tender offer to purchase up to 330,000 shares of its common stock at a price of $18.50 per share, net to the seller in cash, without interest. The tender offer was announced on May 20, 2025, and shareholders can tender their shares until June 24, 2025. The company will notify shareholders of acceptance by the Acceptance Date, which is June 25, 2025. If less than 330,000 shares are tendered, all shares will be purchased. If more are tendered, purchases will occur on a pro-rata basis, excluding odd lots, which will be given priority. Shareholders can withdraw their tenders until the expiration date, and the tender offer is subject to certain conditions as outlined in the Offer to Purchase attached to the filing. The company retains the right to amend or extend the offer as necessary, notifying shareholders of changes. The funding for this tender offer will be from cash on hand.
Additional details:
Tender Offer Price: 18.50
Number Of Shares Tendered: 330,000
Expiration Date: 2025-06-24
Acceptance Date: 2025-06-25
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