MikeS97797: HICKA
Has HICKA changed its plan to deregister from SEC filings ? Here is their PR from August. The odd lot buyback offer has since been extended ....
CLEVELAND, Aug 11, 2004 /PRNewswire-FirstCall via COMTEX/ -- Hickok Incorporated (OTC Bulletin Board: HICKA.OB), today announced that it is commencing a tender offer for the purchase of all Class A common shares held by shareholders of the Company owning 99 or less Class A common shares, as of the close of business on August 2, 2004, at a purchase price of $10.00 per share. This price per share represents a 47% premium over the $6.79 average bid price of our Class A common shares on the Over-the-Counter Bulletin Board for the 30 trading days prior to July 26, 2004. Beginning today, documents containing details of the offer are being mailed to all shareholders.
Hickok currently has approximately 420 shareholders of record. If after completion of the offer the Company has fewer than 300 holders of record, the Company intends to terminate the registration of its Class A common shares under the Securities Exchange Act of 1934 and become a private, non-reporting company. The offer will expire September 30, 2004 at 5:00 p.m., New York time, unless extended. Eligible shareholders who would like to accept the offer must tender all the shares that they own.
