Tender Offer - Highlands REIT, Inc.
Form Type: 8-K
Filing Date: 2025-04-21
Corporate Action: Tender-offer
Type: New
Accession Number: 000166145825000012
Filing Summary: Highlands REIT, Inc. filed a Form 8-K on April 21, 2025, regarding an unsolicited 'mini-tender offer' by MacKenzie Capital Management, LP to purchase shares of the Company’s common stock for $0.04 per share, with a $25 transfer fee. The Board of Directors recommends that stockholders reject the offer and emphasizes the importance of reading the attached MacKenzie Notice before making any decisions related to the offer. The Offeror has not filed a Schedule TO with the SEC related to this offer. The green lighting of this update is to ensure stockholders are informed and protected regarding their investment choices.
Additional details:
Title: macKenzie_offer_price
Value: $0.04
Title: transfer_fee
Value: $25
Title: recommendation
Value: reject the MacKenzie Offer
Form Type: 8-K
Filing Date: 2024-05-20
Corporate Action: Tender-offer
Type: New
Accession Number: 000166145824000015
Filing Summary: MacKenzie Capital Management, LP has made an unsolicited "mini-tender offer" to purchase shares of Highlands REIT, Inc. The offer is for the company's common stock at $0.04 per share, minus a $25 transfer fee, and was disseminated around May 20, 2024. Highlands REIT, Inc. advises its stockholders to reject the offer. The company has issued a statement for consideration, although the tender has not been filed with the SEC under Schedule TO. This is in the phase of the tender offer announcement.
Additional details:
Acquirer Cik: 1102946
Target Cik: 1661458
: stock
Price: 0.04
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