Tender Offers for Combustion Merger Sub, Inc.

Form Type: SC TO-T/A

Filing Date: 2025-01-02

Corporate Action: Tender-offer

Type: Update

Accession Number: 000110465925000152

Comments: This document is an amendment to a tender offer statement pursuant to Rule 14d-1. It details the tender offer by Combustion Merger Sub, Inc., a wholly owned subsidiary of CECO Environmental Corp., to acquire all outstanding shares of Profire Energy, Inc. at a price of $2.55 per share. The offer expired on December 31, 2024, with approximately 39.7 million shares validly tendered and accepted for payment, representing about 86.31% of the outstanding shares. Following this, Purchaser intends to complete the acquisition through a merger, leading to the cancellation of shares and their delisting from Nasdaq. The press release dated January 2, 2025, announces the results of the offer and the next steps regarding the transaction.

Document Link: View Document

Additional details:

Tender Offer Price: $2.55


Total Shares Tendered: 39,688,706


Additional Shares Guaranteed: 337,815


Percentage Shares Tendered: 86.31%


Effective Time Of Merger: At the Effective Time


Registration Termination Intent: Yes