Tender offer
$Altimeter Growth Corp (AGC.US)$
Altimeter Growth Corp has offered to purchase any and all of its outstanding common stock in connection with its Redemption Right, ahead of the closing of the upcoming business combination.
Altimeter Growth Corp has offered to purchase any and all of its outstanding common stock in connection with its Redemption Right, ahead of the closing of the upcoming business combination.
![Tender offer](https://ussnsimg.moomoo.com/moo-1637729771-70960140-iPhone-1-org.jpg/bigmoo)
what does this mean? they want to buy back our shares?
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randomness1688 : yes buy back at approx 10usd per share
Hown OP randomness1688 : of course no way. what if we dont sell? will it be converted to Grab shares?
PotatoSGSG : Need help to explain what this means. U$10 is lower than market price
randomness1688 Hown OP : yep most prob if the merger goes thru. highly poss la.
randomness1688 PotatoSGSG : there r alot of ppl bought below usd 10 too. but doesnt make sense to sell back to agc. can always sell in the market now
JLmoo2 : Ic, I thought let us buy more shares at $10![sweat_smile 😅](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f605.png)
bobo_chicken : $100 processing fee apply even for delivery for default option?
bluezblues : Does it mean that the merge is happen this few days ?
101792423 : Will the price shoot up tonight?
沉思的张飞 : If the market price falls below 10, will AGC also redeem it?
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