International Seaways to Issue About 1,100,000 Unregistered Shares in Bruton Acquisition
Bitget2026/11/03 13:13- International Seaways will issue approximately 1,100,000 common shares for its Bruton acquisition, completed November 2, 2026.
- The shares will be issued under the Securities Act’s Rule 802 registration exemption; U.S. holders owned fewer than 10% of Bruton shares.
- Holders of more than 10,000 Bruton common shares receive 0.05190 acquirer common shares per share, with cash for fractional shares.
- Holders of 10,000 or fewer Bruton common shares receive $6.3044 per share in cash.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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