Tender Offer - Via Renewables, Inc.
Form Type: SC TO-I/A
Filing Date: 2025-02-19
Corporate Action: Tender-offer
Type: Update
Accession Number: 000165495425001674
Filing Summary: Via Renewables, Inc. has filed an amendment to its Tender Offer Statement on Schedule TO, originally filed on January 16, 2025, concerning the offer to purchase up to 200,000 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock at a purchase price of $22.50 per share in cash. The amendment reflects the final results of the Tender Offer, which expired on February 18, 2025, at 5:00 p.m. New York City time. A press release detailing these results was issued on February 19, 2025, and is included in the filing as Exhibit (a)(5)(B). The amendment serves to supplement the initial filing, confirming that the terms remain unchanged unless specified otherwise.
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Additional details:
Issuer Name: Via Renewables, Inc.
Class Of Securities: 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock
Cusip Number: 92556D205
Tender Offer Price: 22.50
Shares Offered: 200,000
Expiration Date: 2025-02-18
Contact Person: W. Keith Maxwell III
Contact Person Title: Chief Executive Officer and Chairman
Contact Person Address: 12140 Wickchester Ln, Suite 100, Houston, Texas 77079
Contact Person Phone: (713) 600-2600
Counsel Name: Darrell W. Taylor
Counsel Firm: Cokinos Young
Counsel Address: 1221 Lamar St. 16th Floor, Houston, TX 77010
Counsel Phone: (713) 535-5500
Form Type: 8-K
Filing Date: 2025-01-16
Corporate Action: Tender-offer
Type: New
Accession Number: 000165495425000486
Filing Summary: On January 16, 2025, Via Renewables, Inc. announced the commencement of a tender offer to purchase up to 200,000 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock at a purchase price of $22.50 per share. This tender offer is being made in accordance with the terms and conditions set forth in an Offer to Purchase and the related Letter of Transmittal. The company emphasized that this communication is for informational purposes only and is not an offer to buy or a solicitation to sell the shares. Relevant documents related to the tender offer, including the Schedule TO and other materials, have been filed with the SEC and are accessible to investors.
Document Link: View Document
Additional details:
Title: tender_offer_shares
Value: 200,000
Title: tender_offer_price
Value: 22.50
Title: preferred_stock_type
Value: 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock
Form Type: SC TO-I
Filing Date: 2025-01-16
Corporate Action: Tender-offer
Type: New
Accession Number: 000114036125001266
Filing Summary: Via Renewables, Inc. has filed a Tender Offer Statement to purchase up to 200,000 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock at a purchase price of $22.50 per share. The offer is made in accordance with Rule 13e-4 of the Securities Exchange Act of 1934 and is designed to provide security holders with an opportunity to sell their shares at a premium. The company currently has 3,380,440 shares of the Series A Preferred Stock outstanding as of January 15, 2025. The filing includes multiple incorporated items referencing terms of the offer, procedures, and related documentation such as the Offer to Purchase and Letter of Transmittal, to ensure compliance and provide detailed information to investors.
Document Link: View Document
Additional details:
Issuer Name: Via Renewables, Inc.
Preferred Stock Title: 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock
Number Of Shares Offered: 200,000
Purchase Price Per Share: 22.50
Cusip Number: 92556D205
Address: 12140 Wickchester Ln, Suite 100, Houston, Texas 77079
Telephone Number: (713) 600-2600
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