Tender Offer - Yieldstreet Alternative Income Fund Inc.
Form Type: SC TO-I
Filing Date: 2025-05-08
Corporate Action: Tender-offer
Type: New
Accession Number: 000110465925046118
Filing Summary: On May 8, 2025, Yieldstreet Alternative Income Fund Inc. filed a Tender Offer Statement on Schedule TO to purchase up to 451,933 shares of its common stock at par value $0.001 per share. The offer represents approximately 3% of the total 15,064,459 shares outstanding as of May 7, 2025. The purpose of this offer is to provide stockholders with liquidity since there is no public market for the shares. The tender offer will expire at 4:00 PM, Eastern Time, on June 11, 2025, unless extended. The purchase price will be based on the net asset value per share at the close of business on the expiration date. The filing includes contact information for legal counsel handling the offer and notes the transaction valuation of $4,185,035.16 with an associated filing fee of $640.73.
Additional details:
Shares Tendered: 451933
Total Shares Outstanding: 15064459
Percentage Of Shares Offered: 3
Expiration Date: 2025-06-11
Purchase Price Per Share: net asset value as of expiration date
Form Type: SC TO-I
Filing Date: 2025-02-19
Corporate Action: Tender-offer
Type: New
Accession Number: 000110465925015175
Filing Summary: Yieldstreet Alternative Income Fund Inc. filed a Tender Offer Statement under Schedule TO in connection with its offer to purchase up to 452,898.42 shares of its common stock at a net asset value per share as of the close of business on the expiration date, which is set for March 20, 2025. This initiative aims to provide liquidity to stockholders due to the lack of a public market for the shares. As of February 18, 2025, the company had 15,096,614.04 shares outstanding, meaning the offered shares represent approximately 3% of the total. The filing includes the Offer to Purchase document dated February 19, 2025, which outlines further details about the terms, conditions, and procedures for the tender offer. The company plans to use existing cash, borrowings, or proceeds from the sale of investments to finance the repurchase of shares. No adverse agreements or negotiations involving the company's securities were noted in this filing.
Additional details:
Issuer Name: Yieldstreet Alternative Income Fund Inc.
Address: 300 Park Avenue, 15th Floor, New York, NY 10022
Telephone Number: (844) 943-5378
Number Of Shares Offered: 452,898.42
Total Shares Outstanding: 15,096,614.04
Percentage Of Shares Offered: 3%
Expiration Date: 2025-03-20
Purchase Price Per Share: net asset value as of expiration date
Form Type: SC TO-I/A
Filing Date: 2024-12-12
Corporate Action: Tender-offer
Type: Update
Accession Number: 000110465924127933
Filing Summary: This filing represents the final amendment to the issuer tender offer statement originally filed on November 7, 2024, by Yieldstreet Alternative Income Fund Inc. The tender offer, which expired on December 9, 2024, involved the purchase of up to 427,854 shares of the Fund’s common stock at a purchase price of $9.4097 per share. A total of 2,063,339 shares were validly tendered and not withdrawn, with 427,853 shares accepted for repurchase. The filing provides details on the results of the offer, including the net asset value of the shares tendered and confirms that the information in the initial statement remains unchanged, except for the results reported in this final amendment.
Additional details:
Tender Offer Price: 9.4097 USD
Shares Tendered: 2,063,339
Shares Accepted: 427,853
Offer Expiration: 2024-12-09
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