NVIDIA Responds to TRC Capital’s ‘Mini-Tender’ Offer

Quick Summary:

SANTA CLARA, Calif., Feb.04, 2025 (GLOBE NEWSWIRE) -- NVIDIA has received notice of an unsolicited "mini-tender” offer by TRC Capital Investment Corporation (TRC) dated January 21, 2025, to purchase up to 1,000,000 shares of NVIDIA’s common stock at a price of $131.50 per share in cash.

NVIDIA is not affiliated with TRC and does not endorse the offer documentation or the offer itself. NVIDIA expresses no opinion and is neutral on TRC’s offer and encourages shareholders to obtain current market quotations for their shares of NVIDIA common stock, consult with their brokers or financial advisors, and exercise caution with respect to TRC’s offer.

The closing of TRC’s offer is conditioned on, among other things, the trading price per share of NVIDIA’s common stock not decreasing more than 5% from the closing price per share on January 21, 2025, unless waived by TRC prior to expiration of the offer.

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Author / Journalist: NVIDIA CORPORATION

Category: Technology

Markets: China

Topics: Nasdaq:NVDA US67066G1040

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 23:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 302 words

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Sentences: 13 lines

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News ID: 25898948

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