That's what I thought- maybe a large holder approached them to sell. This name is so illiquid that if anyone with size wanted to sell it would drive the price down significantly. So $5 may seem reasonable to a large holder.
But why would the company go to the expense of trying to get others to tender their shares if they could have bought a block directly from a large holder?
Is there anything in the MM/C docs or SKRUF prosectus that precludes them from a private purchase?
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