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Bilibili | SC TO-I/A: Third party tender offer statement (Amendment)

SEC announcement ·  Mar 29 18:12
Summary by Futu AI
Bilibili Inc. has successfully completed its tender offer for the repurchase of its 1.375% Convertible Senior Notes due 2026, as per the announcement made on March 29, 2024. The offer, which expired on March 28, 2024, resulted in the valid surrender of US$429,331,000 aggregate principal amount of the Notes. The company has accepted all surrendered Notes for repurchase and has arranged for the payment of the repurchase price to be distributed to the holders by Deutsche Bank Trust Company Americas, the paying agent. Following the repurchase, a residual US$12,000 aggregate principal amount of the Notes remains outstanding. This repurchase is part of Bilibili's strategic financial management and is in accordance with the terms set forth in the original Repurchase Right Notice issued on February 20, 2024. The completion of this transaction is expected to be reflected in the company's future financial disclosures and is in compliance with the disclosure requirements of Rule 13e-4(c)(4) under the Securities Exchange Act of 1934.
Bilibili Inc. has successfully completed its tender offer for the repurchase of its 1.375% Convertible Senior Notes due 2026, as per the announcement made on March 29, 2024. The offer, which expired on March 28, 2024, resulted in the valid surrender of US$429,331,000 aggregate principal amount of the Notes. The company has accepted all surrendered Notes for repurchase and has arranged for the payment of the repurchase price to be distributed to the holders by Deutsche Bank Trust Company Americas, the paying agent. Following the repurchase, a residual US$12,000 aggregate principal amount of the Notes remains outstanding. This repurchase is part of Bilibili's strategic financial management and is in accordance with the terms set forth in the original Repurchase Right Notice issued on February 20, 2024. The completion of this transaction is expected to be reflected in the company's future financial disclosures and is in compliance with the disclosure requirements of Rule 13e-4(c)(4) under the Securities Exchange Act of 1934.
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