Bowlin Travel Centers, Inc. Announces Closing of Issuer Tender Offer
BOWLIN TRAVEL CENTERS INC (BWTL)
NASDAQ:AMEX Investor Relations:
bowlintc.com/investors.html
Company Research
Source: GlobeNewswire
ALBUQUERQUE, N.M., March 06, 2024 (GLOBE NEWSWIRE) -- Bowlin Travel Centers, Inc. (OTC Pink Sheets: BWTL) (the “Company”) announced today the results of the previously announced issuer tender offer to repurchase from all shareholders who are not directors, executive officers, or other insiders of the Company (the “Eligible Holders”), on a pro rata basis, up to $1 million of the Company’s common shares at a purchase price of $4.00 per share, totaling a maximum of 250,000 shares (the “Tender Offer”). The Tender Offer was made pursuant to, and subject to the terms and conditions in, the Offer to Purchase and Letter of Transmittal, dated February 1, 2024 (collectively with any ancillary documents thereto, the “Offering Documents”). The Tender Offer expired at 5:00 p.m., New York City time, on March 1, 2024 (the “Expiration Date”). The time and date on or before which validly tendered shares may be validly withdrawn expired on Expiration Date. Eligible Holders may not validly withdraw a
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