Invesque Announces Acquisition of Shares by Company controlled by Chief Financial Officer [Yahoo! Finance]
Tiptree Inc. (TIPT)
US:NASDAQ Investor Relations:
tiptreefinancial.com
Company Research
Source: Yahoo! Finance
Holding Company, LLC (" ISHC "), a company controlled by Mr. Chester, the Company's Chief Financial Officer and a member of its board of directors, has entered into a share purchase agreement to acquire 16,982,283 common shares of the Company from certain subsidiaries of Tiptree Inc. (collectively, " Tiptree ") at a price of US$0.0368 per common share and an aggregate purchase price of US$625,000 . Based on the daily average exchange rate on March 28, 2024 , the Canadian dollar equivalent for the price per common share is CDN$0.049868 and the aggregate purchase price is CDN$846,875 . Following the acquisition, Tiptree will no longer own or control any shares in the Company. The acquisition is expected to close on or before April 30, 2024 , and remains subject to customary closing conditions. After giving effect to the acquisition described above, ISHC would own or control, directly or indirectly, 16,982,283 common shares, representing approximately 30.21% of the outstanding common s
Show less
Read more
Impact Snapshot
Event Time:
TIPT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TIPT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TIPT alerts
High impacting Tiptree Inc. news events
Weekly update
A roundup of the hottest topics
TIPT
News
- We Think Some Shareholders May Hesitate To Increase Tiptree Inc.'s (NASDAQ:TIPT) CEO Compensation [Yahoo! Finance]Yahoo! Finance
- Tiptree to Hold Conference Call for Q1 2024 Results on Thursday, May 2, 2024Business Wire
- Tiptree Announces Rebrand of Asset Management Business [Yahoo! Finance]Yahoo! Finance
- Tiptree Announces Rebrand of Asset Management BusinessBusiness Wire
- TIPTREE ANNOUNCES AGREEMENT TO DISPOSE OF COMMON SHARES OF INVESQUE INC. [Yahoo! Finance]Yahoo! Finance
TIPT
Sec Filings
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- 3/18/24 - Form DEF
- TIPT's page on the SEC website