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Input Capital Corp. Announces Update To Substantial Issuer Bid
Input Capital Corp. Announces Update To Substantial Issuer Bid Canada NewsWire R...
About this update from Ssc Security Services Corp.
[{"type":"text","content":"\n\n\n\nInput Capital Corp. Announces Update To Substantial Issuer Bid\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nREGINA, March 28, 2020\n\n\n\nREGINA, March 28, 2020 /CNW/ - Input Capital Corp. (\"Input\" or the \"Company\") (TSX Venture: INP) (US: INPCF) has been requested by the Financial and Consumer Affairs Authority of Saskatchewan, the Company's principal securities regulator, to provide an update to the Company's previously announced substantial issuer bid (the \"Offer\") in light of the COVID-19 pandemic and current market conditions.\nThe board of directors and management of Input Capital are monitoring and assessing the implications of the COVID-19 pandemic and current market conditions and, at this time, have determined the reasons underlying Input Capital's decision to commence an issuer bid remain unchanged.  Accordingly, shareholders may continue to tender shares pursuant to the terms and conditions of the Offer. The Offer remains subject to conditions which may be asserted or waived by Input Capital, in its sole discretion acting reasonably, at any time at or prior to the expiration of the Offer at 5:00 p.m. EST on April 14, 2020 and certain of those conditions have occurred as a result of the COVID-19 pandemic and current market conditions. \nNone of the Company or its Board of Directors makes any recommendation to shareholders as to whether to tender or refrain from tendering any or all of their shares to the Offer or as to the purchase price or prices at which shareholders may choose to tender shares. This press release is neither an offer to purchase nor a solicitation of an offer to sell any Shares. The solicitation and the offer to purchase Shares by the Company is being made only pursuant to the offer to purchase and issuer bid circular. Shareholders of the Company are urged to read the formal offer to purchase and issuer bid circular, in particular the conditions to the Offer which are expressly reserved by the Company and not amended, modified, asserted or waived by the Company by this press release, prior to mak...