Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

Pre-Commencement Communications in Tender Offers: Rules 13e-4(c), 14d-2(b), and 14d-9(a) each allow written communications with respect to a tender offer prior to the formal commencement of the tender offer.In corporate finance, a tender offer is a type of public takeover bid.

The tender offer is a public, open offer or invitation (usually announced in a newspaper advertisement) by a prospective acquirer to all stockholders of a publicly traded corporation (the target corporation) to tender their stock for sale at a specified price during a specified time, subject to the tendering of a minimum and maximum number of shares. In a tender offer, the bidder contacts shareholders directly; the directors of the company may or may not have endorsed the tender offer proposal.

Thanks for answering my question, whether that was your intention or not. This is what I understood, but did want it to come from LR. The simmering pot is beginning to come to a boil.