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Visa | S-4: Registration of securities issued in business combination transactions

Visa | S-4:企业合并证券发行登记

SEC announcement ·  01/29 16:16
Moomoo AI 已提取核心信息
Visa Inc. has filed a registration statement with the SEC for an Exchange Offer, allowing shareholders to exchange Class B-1 common stock for a combination of Class B-2 common stock, Class C common stock, and cash in lieu of fractional shares. The offer is set to expire on a specified date unless extended. Shareholders participating in the offer must also sign a Makewhole Agreement, obligating them to reimburse Visa for future obligations related to U.S. covered litigation. The Exchange Offer is designed to provide liquidity to Class B-1 shareholders while protecting Class A and Class C shareholders from litigation losses. The offer is subject to conditions, including SEC registration statement effectiveness and the execution of the Makewhole Agreement. Visa...Show More
Visa Inc. has filed a registration statement with the SEC for an Exchange Offer, allowing shareholders to exchange Class B-1 common stock for a combination of Class B-2 common stock, Class C common stock, and cash in lieu of fractional shares. The offer is set to expire on a specified date unless extended. Shareholders participating in the offer must also sign a Makewhole Agreement, obligating them to reimburse Visa for future obligations related to U.S. covered litigation. The Exchange Offer is designed to provide liquidity to Class B-1 shareholders while protecting Class A and Class C shareholders from litigation losses. The offer is subject to conditions, including SEC registration statement effectiveness and the execution of the Makewhole Agreement. Visa has the right to waive conditions, extend, amend, or terminate the offer. Shareholders must submit a Letter of Transmittal, Substitute Form W-9, and other required documents to participate. The Exchange Offer is expected to be tax-neutral for U.S. shareholders, with no gain or loss recognized for the exchange of shares.
Visa Inc.已向美国证券交易委员会提交了交易所要约的注册声明,允许股东将B-1类普通股兑换成B-2类普通股、C类普通股和现金代替零碎股的组合。除非延期,否则该优惠将在指定日期到期。参与此次要约的股东还必须签署一份改造协议,规定他们有义务向Visa偿还与美国承保诉讼相关的未来债务。交易所要约旨在为B-1类股东提供流动性,同时保护A类和C类股东免受诉讼损失。该要约受条件的约束,包括美国证券交易委员会注册声明的有效性和Makewhole协议的执行。Visa有权放弃条件、延长、修改或终止优惠。股东必须提交送文函、替代表格W-9和其他必需的文件才能参与。交易所要约预计将对美国股东实现税收中立,不确认股票交易的收益或亏损。
Visa Inc.已向美国证券交易委员会提交了交易所要约的注册声明,允许股东将B-1类普通股兑换成B-2类普通股、C类普通股和现金代替零碎股的组合。除非延期,否则该优惠将在指定日期到期。参与此次要约的股东还必须签署一份改造协议,规定他们有义务向Visa偿还与美国承保诉讼相关的未来债务。交易所要约旨在为B-1类股东提供流动性,同时保护A类和C类股东免受诉讼损失。该要约受条件的约束,包括美国证券交易委员会注册声明的有效性和Makewhole协议的执行。Visa有权放弃条件、延长、修改或终止优惠。股东必须提交送文函、替代表格W-9和其他必需的文件才能参与。交易所要约预计将对美国股东实现税收中立,不确认股票交易的收益或亏损。
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