Tender Offer - USCA All Terrain Fund

Add to your watchlist
Back to List of Tender Offers

Form Type: SC TO-I

Filing Date: 2025-05-23

Corporate Action: Tender-offer

Type: New

Accession Number: 000089418925004019

Filing Summary: On May 23, 2025, USCA All Terrain Fund filed a Tender Offer Statement under Section 14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934. The Fund will offer to repurchase Shares of Beneficial Interest at their net asset value, which is calculated by subtracting the Fund's liabilities from its assets divided by the number of outstanding Shares. The Tender Offer will remain open until June 24, 2025, allowing Shareholders to tender some or all of their Shares. A minimum account balance of $50,000 must be maintained after any repurchase. The Fund has the discretion to adjust the Valuation Date and extend the Offer if oversubscribed. Payment for Shares repurchased will be made via promissory notes, with an initial payment of at least 90% of the unaudited net asset value expected within 30 days after the Valuation Date. Investors must submit a Letter of Transmittal to U.S. Bank Global Fund Services no later than the expiration date. The net asset value was reported as $27,579,886 with 17,105 Shares outstanding as of March 31, 2025. Shareholders may also cancel previously submitted tenders before the expiration date, and the Offer may be amended or postponed at the discretion of the Fund's Board of Trustees.

Additional details:

Transaction Valuation: $6,894,972

Amount Of Filing Fee: $1,055.62

Expiration Date: 2025-06-24

Net Asset Value: $27,579,886

Outstanding Shares: 17,105

Form Type: SC TO-I/A

Filing Date: 2025-05-23

Corporate Action: Tender-offer

Type: Update

Accession Number: 000089418925004020

Filing Summary: This document is an amended issuer tender offer statement filed by USCA All Terrain Fund, outlining the results of its tender offer to purchase shares of beneficial interest valued at up to approximately $10,144,762, which constitutes about 25% of the Fund's net assets. The offer was initiated on November 21, 2024, and expired at midnight on December 23, 2024. A total of 1,008.71 shares were tendered and subsequently accepted for repurchase by the Fund. The valuation date for the interests tendered was set as March 31, 2025.

Additional details:

Date Tender Offer First Published: 2024-11-21

Transaction Valuation: $10,144,762

Amount Of Filing Fee: $1,553.16

Amount Previously Paid: $2,158.83

Number Of Shares Tendered: 1,008.71

Number Of Shares Accepted: 1,008.71

Offer Expiration Date: 2024-12-23

Valuation Date: 2025-03-31

Form Type: SC TO-I

Filing Date: 2025-02-20

Corporate Action: Tender-offer

Type: New

Accession Number: 000089418925001112

Filing Summary: USCA All Terrain Fund is undertaking a tender offer to repurchase up to approximately 25% of its net assets, valued at $7,084,060, from shareholders. The offer will be open until March 20, 2025, with a valuation date of June 30, 2025. Shareholders can tender all or a portion of their shares, but must maintain a minimum account balance of $50,000 after repurchase. Repurchases will be made via non-transferable promissory notes, with initial payments as high as 90% of the net asset value at the valuation date. The fund may extend the offer if oversubscription occurs and reserves the right to amend or cancel the offer any time before the expiration. The current net asset value is reported as $28,336,239 with 17,356 shares outstanding as of December 31, 2024. Shareholders will be notified of any changes to the offer.

Additional details:

Transaction Valuation: $7,084,060

Filing Fee: $1,084.57

Minimum Account Balance: $50,000

Initial Payment Percentage: 90%

Expiration Date: 2025-03-20T12:00:00

Valuation Date: 2025-06-30

Form Type: SC TO-I/A

Filing Date: 2025-02-20

Corporate Action: Tender-offer

Type: Update

Accession Number: 000089418925001110

Filing Summary: This document is an Amended Issuer Tender Offer Statement filed by USCA All Terrain Fund regarding a tender offer to purchase shares of beneficial interest up to approximately 25% of the net assets valued at $14,626,249. The offer, which expired at 12:00 midnight on September 23, 2024, resulted in 8,320.77 shares being validly tendered and accepted for repurchase. The valuation date for the interests tendered was December 31, 2024. This final amendment reports the results of the tender offer and was filed to provide updates regarding the repurchase process and its conclusion.

Additional details:

Amount Of Shares Tendered: 8320.77

Amount Of Shares Accepted: 8320.77

Transaction Valuation: 14626249

Filing Fee: 2158.83

Date Tender Offer First Published: 2024-08-23

Form Type: SC TO-I/A

Filing Date: 2024-08-23

Corporate Action: Tender-offer

Type: Update

Accession Number: 000089418924004976

Filing Summary: The document is a Final Amendment to the Issuer Tender Offer Statement on Schedule TO filed by the USCA All Terrain Fund. It reports the results of the Fund's offer to purchase shares of beneficial interest. The tender offer expired on March 21, 2024. The document states that the purchase concerns up to approximately 25% of the fund's net assets, valued at $19,705,645. The amendment confirms the completion of the tender offer process and provides details about the number of shares tendered and accepted. The Valuation Date for the interests tendered was June 30, 2024.

Additional details:

Acquirer Cik: 1869954

Target Cik: 1638600

: 0

Percentage: 25

Form Type: SC TO-I/A

Filing Date: 2024-05-24

Corporate Action: Tender-offer

Type: Update

Accession Number: 000089418924003395

Filing Summary: The amended issuer tender offer statement relates to the USCA All Terrain Fund. This final amendment reports the results of the tender offer, initially filed on November 22, 2023, where USCA All Terrain Fund offered to repurchase shares up to approximately 25% of the fund's net assets, totaling $19,034,246 USD. The offer expired on December 21, 2023, and 2,844.60 shares were tendered and accepted for repurchase. The valuation date for the tendered interests is March 31, 2024. The document has been executed by Philip Pilibosian, the President of USCA All Terrain Fund, and the final amendment was filed on May 24, 2024.

Additional details:

Acquirer Cik: 1869954

Target Cik: 1638600

: 0

Percentage: 25

Form Type: SC TO-I

Filing Date: 2024-02-21

Corporate Action: Tender-offer

Type: New

Accession Number: 000089418924001093

Filing Summary: This issuer tender offer allows the USCA All Terrain Fund to repurchase up to 25% of its net assets, estimated at $19,705,645. The offer was first published on February 21, 2024, and is scheduled to expire on March 21, 2024. Investors may tender some or all of their shares. The net asset value will be calculated as of June 30, 2024. The document describes the procedures for accepting tenders and the terms associated with the repurchase of shares.

Additional details:

Acquirer Cik: 1869954

Target Cik: 1638600

: stock

Price: 147.6

Percentage: 25

Comments

No comments yet. Be the first to comment!