Yext, Inc. Announces Preliminary 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 preliminary 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 preliminary count by Broadridge Corporate Issuer Solutions, LLC, the depositary for the tender offer (the “Depositary”), a total of 64,449,935 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(each share of Yext’s common stock, a “Share,” and collectively, “Shares”), were properly tendered and not properly withdrawn at or below the purchase price of $5.75 per Share, including 19,257,357 Shares that were tendered by notice of guaranteed delivery.In accordance with the terms and conditions of the tender offer and based on the preliminary count by the Depositary, Yext expects to purchase approximately 24,347,826 Shares through the tender offer at a price of $
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News
- Yext, Inc. Announces Final Results of Modified Dutch Auction Tender Offer [Yahoo! Finance]Yahoo! Finance
- Yext, Inc. Announces Final 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