The Dewey Electronics Corporation Announces Results of Modified Dutch Auction Tender Offer

Rhea-AI Summary

The Dewey Electronics Corporation (OTC PINK:DEWY) has announced the results of its modified Dutch auction tender offer, which expired on November 30, 2021. The details of the offer and the outcome are available on their official website. Investors are reminded that forward-looking statements within the release may not guarantee future performance, and actual results could differ due to various risks. This announcement follows the company's ongoing evaluations and strategic actions aimed at enhancing shareholder value.

Positive

• Results from the modified Dutch auction tender offer show active management of share buybacks.

Negative

• None.

OAKLAND, NJ / ACCESSWIRE / December 2, 2021 / The Dewey Electronics Corporation (OTC PINK:DEWY) has announced on its website the results of the modified Dutch auction tender offer that expired on Monday, November 30, 2021.

https://www.deweyelectronics.com/investor-relations.html

CONTACT:
The Dewey Electronics Corporation
Stacey Mischel 201-337-4700 x114

Forward-Looking Statements
This press release may contain statements that constitute forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors.

SOURCE: Dewey Electronics Corporation

View source version on accesswire.com:
https://www.accesswire.com/675823/The-Dewey-Electronics-Corporation-Announces-Results-of-Modified-Dutch-Auction-Tender-Offer

FAQ

What were the results of the modified Dutch auction tender offer for DEWY?

The results of the modified Dutch auction tender offer, which expired on November 30, 2021, are available on Dewey's official website.

When did the modified Dutch auction tender offer for DEWY expire?

The modified Dutch auction tender offer for Dewey Electronics expired on November 30, 2021.

What is the stock symbol for Dewey Electronics?

The stock symbol for Dewey Electronics is DEWY.

What should investors consider about forward-looking statements in Dewey's press release?

Investors should be aware that forward-looking statements in the press release are subject to uncertainties and may not guarantee future performance.