Tender Offer - CALIFORNIA FIRST LEASING CORP

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.