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Sears Hometown & Outlet Stores (SHOSR)

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Last Post: 9/17/2012 2:16:31 PM - Followers: 2 - Board type: Free - Posts Today: 0

PROSPECTUS

Sears Hometown and Outlet Stores, Inc.
Trading Begins Sept 7th 2012



Up To 23,100,000 Shares of Common Stock Issuable Upon the Exercise of Subscription Rights At

$15.00 Per Share

Subscription Rights to Purchase Shares of Common Stock

 

This prospectus is being furnished to you as a holder of common stock of Sears Holdings Corporation, or "Sears Holdings," in

connection with the planned distribution by Sears Holdings to each holder of its common stock as of the close of business on September 7,

2012, or the "record date," at no charge, transferable subscription rights, or the "subscription rights," to purchase up to an aggregate of

23,100,000 shares of common stock, par value $0.01 per share, of Sears Hometown and Outlet Stores, Inc., or "SHO," at a price of $15.00

per whole share, or the "rights offering." Sears Holdings will distribute to each holder of its common stock as of the record date one

subscription right for each full common share owned by that stockholder as of the record date, except that holders of Sears Holdings'

restricted stock that is unvested as of the record date will receive cash awards in lieu of subscription rights. Each subscription right will

entitle its holder to purchase from Sears Holdings 0.218091 of a share of SHO common stock. Additionally, holders of subscription rights

who fully exercise all of their basic subscription rights, after giving effect to any purchases or sales of subscription rights by them prior to

such exercise, may also make a request to purchase additional shares of SHO common stock, through exercise of the over-subscription

privilege, although we cannot assure you that any over-subscriptions will be filled.

The subscription rights will expire if they are not exercised by 5:00 p.m., New York City time, on October 8, 2012. Immediately prior

to the closing of the rights offering, Sears Holdings will hold all of SHO's common stock. As a result of the rights offering, Sears Holdings

will dispose of up to all of its shares of SHO common stock and SHO will become a publicly traded company independent from Sears

Holdings, or the "separation." In connection with the separation, we have entered into various agreements with Sears Holdings which,

among other things, (1) govern the principal transactions relating to this offering and aspects of our relationship with Sears Holdings

following the separation, (2) establish terms under which subsidiaries of Sears Holdings will provide us with services following the

separation and (3) establish terms pursuant to which subsidiaries of Sears Holdings will obtain merchandise for us, collectively, the

"separation transactions."

COMPLETE PROSPECTUS 

http://www.searsholdings.com/invest/docs/Sears_Hometown_and_Outlet_Stores_Inc_424_b_Prospectus.pdf

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Sears Hometown And Outlet Stores, Inc.
PostSubject
#21   looks like we are building a solid base here lawboy22 09/17/12 02:16:30 PM
#20   I'm happy. So far so good.. AliEn BRaInZ stox 09/17/12 02:14:32 PM
#19   this stock is looking strong here...I'm thinking we lawboy22 09/17/12 10:30:11 AM
#18   Are you watching this . Breakout to $2.90 :-) AliEn BRaInZ stox 09/17/12 10:26:15 AM
#17   $2.90 - $SHOSR 2.65 high of the day AliEn BRaInZ stox 09/17/12 10:06:45 AM
#16   where do you see this going this week? lawboy22 09/16/12 09:11:17 PM
#15   $ SHOSR I.P.O. Complete Prospectus Sept 6th 2012 AliEn BRaInZ stox 09/15/12 05:31:25 PM
#14   $ SHOSR Sears Hometown & Outlet Stores Site .. AliEn BRaInZ stox 09/15/12 05:29:29 PM
#13   $ SHOSR IPO "The new company, Sears Hometown and AliEn BRaInZ stox 09/15/12 05:15:06 PM
#12   Chicago Tribune article on SHOSR ~ I AliEn BRaInZ stox 09/15/12 05:08:57 PM
#11   They are definitely selling shares. That is AliEn BRaInZ stox 09/14/12 03:01:18 PM
#10   I agree they do not want to let lawboy22 09/14/12 10:17:04 AM
#9   Not a bad start today. Looks like some AliEn BRaInZ stox 09/14/12 10:01:58 AM
#8   It seems to be very thin here this lawboy22 09/14/12 09:44:42 AM
#7   Interesting... watching. Book Em Dan O 09/14/12 03:03:14 AM
#6   Exactly . The pre-mkt and early intraday momentum AliEn BRaInZ stox 09/14/12 12:42:50 AM
#5   SHOSR 5 Minute GlassCrasher 09/14/12 12:16:45 AM
#4   I'm definitely on board with you in regards lawboy22 09/13/12 10:33:59 PM
#3   Here is the update and chart for $SHOSR AliEn BRaInZ stox 09/13/12 10:15:49 PM
#2   looks interesting here and manic penny has sent lawboy22 09/13/12 03:16:52 PM
#1   Blog post alerts on SHOSR. AliEn BRaInZ stox 09/13/12 02:01:52 PM
PostSubject