Monster Beverage Corporation Recommends Stockholders Reject “Mini-Tender” Offer by TRC Capital Investment Corporation
Monster Beverage (NASDAQ: MNST) has issued a warning to stockholders regarding an unsolicited 'mini-tender' offer from TRC Capital Investment TRC is attempting to purchase up to 2,000,000 shares (approximately 0.2%) of Monster's common stock at $52.95 per share, which is 5.1% below the March 10, 2025 closing price of $55.77.
The company strongly recommends shareholders reject this mini-tender offer, emphasizing that it is not associated with TRC or its offer. Mini-tender offers, which target less than 5% of outstanding shares, can bypass many SEC disclosure and procedural requirements designed to protect investors. The SEC has warned that such offers often catch investors off guard, potentially leading to below-market sales.
Monster Beverage (NASDAQ: MNST) ha emesso un avviso agli azionisti riguardo a un'offerta 'mini-tender' non richiesta da parte di TRC Capital Investment. TRC sta cercando di acquistare fino a 2.000.000 di azioni (circa lo 0,2%) delle azioni ordinarie di Monster a $52,95 per azione, che è il 5,1% al di sotto del prezzo di chiusura del 10 marzo 2025 di $55,77.
La società raccomanda vivamente agli azionisti di rifiutare questa offerta mini-tender, sottolineando che non è associata a TRC o alla sua offerta. Le offerte mini-tender, che mirano a meno del 5% delle azioni in circolazione, possono eludere molti requisiti di divulgazione e procedurali della SEC progettati per proteggere gli investitori. La SEC ha avvertito che tali offerte spesso colgono gli investitori di sorpresa, portando potenzialmente a vendite al di sotto del mercato.
Monster Beverage (NASDAQ: MNST) ha emitido una advertencia a los accionistas sobre una oferta 'mini-tender' no solicitada de TRC Capital Investment. TRC está intentando comprar hasta 2.000.000 de acciones (aproximadamente el 0,2%) de las acciones ordinarias de Monster a $52,95 por acción, lo que representa un 5,1% por debajo del precio de cierre del 10 de marzo de 2025 de $55,77.
La compañía recomienda encarecidamente a los accionistas que rechacen esta oferta mini-tender, enfatizando que no está asociada con TRC ni con su oferta. Las ofertas mini-tender, que apuntan a menos del 5% de las acciones en circulación, pueden eludir muchos requisitos de divulgación y procedimiento de la SEC diseñados para proteger a los inversores. La SEC ha advertido que tales ofertas a menudo sorprenden a los inversores, lo que puede llevar a ventas por debajo del mercado.
몬스터 음료 (NASDAQ: MNST)는 TRC 캐피탈 투자로부터의 비요청 '미니 텐더' 제안에 대해 주주들에게 경고를 발령했습니다. TRC는 몬스터의 보통주 2,000,000주(약 0.2%)를 주당 $52.95에 구매하려 하고 있으며, 이는 2025년 3월 10일 종가인 $55.77보다 5.1% 낮은 가격입니다.
회사는 주주들에게 이 미니 텐더 제안을 거부할 것을 강력히 권장하며, 이 제안이 TRC 또는 그 제안과 관련이 없음을 강조합니다. 미니 텐더 제안은 발행된 주식의 5% 미만을 목표로 하며, 투자자를 보호하기 위해 설계된 많은 SEC 공시 및 절차 요건을 우회할 수 있습니다. SEC는 이러한 제안이 종종 투자자를 놀라게 하여 시장 가격 이하의 판매로 이어질 수 있다고 경고했습니다.
Monster Beverage (NASDAQ: MNST) a émis un avertissement aux actionnaires concernant une offre 'mini-tender' non sollicitée de TRC Capital Investment. TRC tente d'acheter jusqu'à 2.000.000 d'actions (environ 0,2%) des actions ordinaires de Monster à 52,95 $ par action, ce qui est 5,1% en dessous du prix de clôture du 10 mars 2025 de 55,77 $.
L'entreprise recommande vivement aux actionnaires de rejeter cette offre mini-tender, en soulignant qu'elle n'est pas associée à TRC ou à son offre. Les offres mini-tender, qui ciblent moins de 5% des actions en circulation, peuvent contourner de nombreuses exigences de divulgation et de procédure de la SEC conçues pour protéger les investisseurs. La SEC a averti que de telles offres surprennent souvent les investisseurs, ce qui peut entraîner des ventes en dessous du marché.
Monster Beverage (NASDAQ: MNST) hat eine Warnung an die Aktionäre bezüglich eines unaufgeforderten 'Mini-Tender'-Angebots von TRC Capital Investment herausgegeben. TRC versucht, bis zu 2.000.000 Aktien (ungefähr 0,2%) der Stammaktien von Monster zu einem Preis von 52,95 $ pro Aktie zu kaufen, was 5,1% unter dem Schlusskurs vom 10. März 2025 von 55,77 $ liegt.
Das Unternehmen empfiehlt den Aktionären dringend, dieses Mini-Tender-Angebot abzulehnen, und betont, dass es nicht mit TRC oder seinem Angebot verbunden ist. Mini-Tender-Angebote, die weniger als 5% der ausstehenden Aktien anvisieren, können viele Offenlegungs- und Verfahrensanforderungen der SEC umgehen, die dazu dienen, Investoren zu schützen. Die SEC hat gewarnt, dass solche Angebote Investoren oft überraschen und möglicherweise zu Verkäufen unter dem Marktpreis führen können.
- None.
- Unsolicited mini-tender offer attempts to acquire shares below market value
- Potential risk to shareholder value from predatory buying attempt
- Company faces external pressure from unwanted acquisition attempt
Insights
Monster Beverage's warning about TRC Capital's mini-tender offer represents a protective action for shareholders that deserves attention. TRC is attempting to acquire 2 million shares (0.2% of outstanding stock) at
This type of below-market mini-tender strategy deliberately targets less than
Monster's management has appropriately implemented shareholder protection measures by issuing this warning, directing stockholders to current market prices, and referencing SEC guidance about these potentially harmful offers. The company has effectively neutralized the threat by bringing transparency to TRC's tactics.
From a capital markets perspective, these mini-tenders typically have minimal impact on share price or corporate structure given their small size. However, they can create confusion and result in value loss for individual shareholders who accept the offer without proper information.
What's notable is Monster's thorough response, which demonstrates strong corporate governance and shareholder advocacy—reflecting a management team that prioritizes investor interests even in relatively minor situations.
CORONA, Calif., March 14, 2025 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today announced that it has received notice that TRC Capital Investment Corporation (“TRC”) commenced an unsolicited “mini-tender” offer to purchase up to 2,000,000 shares of the Company’s common stock, which represents approximately
The Company does not endorse TRC’s unsolicited mini-tender offer and recommends that its stockholders reject the offer and do not tender their shares. TRC’s mini-tender offer is at a price below the current market price for the Company’s common stock and is subject to numerous conditions. The Company is not associated in any way with TRC or its mini-tender offer and related documentation.
Mini-tender offers seek to acquire less than
The SEC has cautioned investors about mini-tender offers, stating that mini-tender offers “have been increasingly used to catch investors off guard” and that investors “may end up selling their securities at below-market prices.” The SEC's guidance to investors on mini-tender offers is available at https://www.sec.gov/reportspubs/investor-publications/investorpubsminitend.
Stockholders should obtain current market quotations for their shares, consult with their broker or financial advisor, and exercise caution with respect to TRC’s mini-tender offer, including monitoring for any amendment by TRC of its offer.
The Company encourages brokers and dealers, as well as other market participants, to review the SEC’s letter regarding broker-dealer mini-tender offer dissemination and disclosure at https://www.sec.gov/divisions/marketreg/minitenders/sia072401.htm.
The Company requests that a copy of this press release be included with all distributions of materials relating to TRC’s mini-tender offer related to shares of the Company’s common stock.
Monster Beverage Corporation
Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s subsidiaries develop and market energy drinks, including Monster Energy® drinks, Monster Energy Ultra® energy drinks, Juice Monster® Energy + Juice energy drinks, Java Monster® non-carbonated coffee + energy drinks, Monster Killer Brew™ Triple Shot, Rehab® Monster® non-carbonated energy drinks, Monster Energy® Nitro energy drinks, Reign® Total Body Fuel high performance energy drinks, Reign Storm® total wellness energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Bang Energy® drinks, BPM® energy drinks, BU® energy drinks, Burn® energy drinks, Live+® energy drinks, Mother® energy drinks, Nalu® energy drinks, Play® and Power Play® (stylized) energy drinks, Relentless® energy drinks, Samurai® energy drinks, Ultra Energy® drinks, Predator® energy drinks and Fury® energy drinks. The Company’s subsidiaries also develop and market still and sparkling waters under the Monster Tour Water® brand name. The Company’s subsidiaries also develop and market craft beers, flavored malt beverages and hard seltzers under a number of brands, including Jai Alai® IPA, Dale’s Pale Ale®, Dallas Blonde®, Wild Basin® hard seltzers, The Beast™ and Nasty Beast® Hard Tea. For more information visit www.monsterbevcorp.com.
| CONTACTS: | Rodney C. Sacks |
| Chairman and Co-Chief Executive Officer | |
| (951) 739-6200 | |
| Hilton H. Schlosberg | |
| Vice Chairman and Co-Chief Executive Officer | |
| (951) 739-6200 | |
| Roger S. Pondel / Judy Lin | |
| PondelWilkinson Inc. | |
| (310) 279-5980 |
FAQ
What is the price difference between TRC's mini-tender offer and MNST's market price on March 10, 2025?
How many shares of MNST stock is TRC Capital attempting to purchase?
Why is Monster Beverage (MNST) recommending shareholders reject the mini-tender offer?
What are the risks associated with TRC's mini-tender offer for MNST shares?
