Yext, Inc. Announces Final Results of Modified Dutch Auction Tender Offer
Yext, Inc. (YEXT)
Last yext, inc. earnings: 3/3 04:15 pm
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Yext, Inc. (NYSE: YEXT) (“Yext”), the leading digital presence platform for multi-location brands, today announced the final results of its “modified Dutch Auction” tender offer for shares of its common stock, which expired at 5:00 p.m., New York City time, on March 18, 2026.Based on the final count by Broadridge Corporate Issuer Solutions, LLC, the depositary for the tender offer, a total of 62,965,247 shares of Yext’s common stock, par value $0.001 per share (each share of Yext’s common stock, a “Share,” and collectively, “Shares”), were properly tendered and not properly withdrawn at or below the purchase price of $5.75 per Share, including 17,772,669 shares that were tendered by notice of guaranteed delivery.Yext has accepted for purchase a total of 24,347,826 Shares through the tender offer at a price of $5.75 per Share, for an aggregate cost of $139,999,999.50, excluding fees and expenses relating to the tender offer. Yext accepted the Shares on a
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News
- Yext, Inc. Announces Final Results of Modified Dutch Auction Tender Offer [Yahoo! Finance]Yahoo! Finance
- Yext, Inc. Announces Preliminary Results of Modified Dutch Auction Tender OfferBusiness Wire
- Yext (YEXT) was downgraded by <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=YEXT&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from "buy" to "hold".MarketBeat
- Yext (YEXT) had its "neutral" rating reaffirmed by DA Davidson. They now have a $6.00 price target on the stock.MarketBeat
- Yext: With Buyout No Longer On The Table, This Declining Software Company Is Risky (Downgrade) [Seeking Alpha]Seeking Alpha