SPECTRUM GROUP INTL INC - SPGZ STOCK NEWS

Spectrum Group International (SPGZ) has announced an extension to the election deadline for its proposed cash election merger. Eligible shareholders now have until June 28, 2024, to choose between receiving $22,000 per share in cash or shares in a new holding company. The previous deadline was June 24, 2024. No other terms of the merger have changed. Shareholders are advised to consult the Consent and Election Statement for detailed information about the election process and the merger's specifics. Equiniti Trust Company, will serve as Tabulation and Exchange Agent, and D.F. King & Co. will act as Information Agent for the merger.

Spectrum Group International (SPGZ) announced an extension for the election deadline regarding its proposed cash election merger. Shareholders now have until June 24, 2024, to decide whether to receive $22,000 per share in cash or shares in a new holding company. The extension aims to give shareholders more time to make informed decisions. All other merger terms remain unchanged. The Consent and Election Statement contains essential details, with Equiniti Trust Company managing tabulation and exchange, and D.F. King & Co. providing information services.

Spectrum Group International (SPGZ) announced an extension of deadlines for its proposed cash election merger. Shareholders can now submit their consent for the merger until May 31, 2024, and make their election to receive either $22,000 per share or shares in a new holding company by June 14, 2024. The original deadline was May 17, 2024, for consent and May 31, 2024, for election. All other terms of the merger remain unchanged. April 23, 2024, is the record date for shareholders eligible for the consent solicitation. Equiniti Trust Company is the Tabulation and Exchange Agent, and D.F. King & Co. is the Information Agent for this process.

Spectrum Group International, Inc. (SPGZ) announced a proposal for a cash election merger, offering eligible shareholders $22,000 per share or shares in a new holding company. Accredited investors owning more than three shares can choose between cash or stock, while others will receive cash. The merger aims to engage financially sophisticated shareholders and eliminate disengaged investors. Shareholders need to provide written consents for approval, with Equiniti Trust Company, and D.F. King & Co., Inc. serving as agents for the process.

Spectrum Group International, Inc. (SPGZ) announced the results of its tender offer for common shares, which concluded on February 15, 2023. The offer price was set at $18,000 per share, with a total of 2 shares tendered and accepted. Following the completion of this offer, the outstanding shares of the company now total 1,980, reflecting the 1:10 reverse split implemented in December 2021. SGI operates in numismatics and collectibles, with a strong presence through subsidiaries, including Stack's-Bowers Numismatics, and conducts sales via live and internet auctions. The company also has interests in rare wines through Spectrum Wine Auctions.

Spectrum Group International, Inc. (SPGZ) has initiated a self-tender offer to purchase up to 200 Common Shares at a price of $18,000 per share, reflecting a 1:10 reverse split made in December 2021. The offer, which is voluntary and not conditional on a minimum number of shares being tendered, will expire on February 15, 2023. In case of oversubscription, shares will be prorated. Shareholders are encouraged to read the Offer to Purchase documents for detailed terms and conditions, and consult with their financial advisors prior to participating.

The Company emphasizes that this press release is informational and does not serve as an offer or solicitation for shares.

Spectrum Group International, Inc. (SPGZ) announced the results of its cash tender offer for common shares, priced at $12,000 per share, which expired on April 6, 2022. A total of 31 shares were tendered and accepted, following a 1:10 reverse split executed in December 2021. Post-offer, the company has 2,040 common shares outstanding. SGI operates in the numismatics and collectibles sector, with offices and auction houses across North America, Europe, and Asia.

Spectrum Group International, Inc. (SPGZ) has announced an extension of its tender offer for up to 208 shares at $12,000 each. This extension now runs until April 5, 2022. The offer, reflecting a 1:10 reverse split from December 2021, had only 31 shares tendered as of March 29, 2022. The completion of the offer is subject to the conditions outlined in the Offer to Purchase. The tender process is managed by American Stock Transfer & Trust Company, with D.F. King & Co., Inc. serving as the information agent for the offer.

Spectrum Group International (SPGZ) announced a self-tender offer to buy back up to 208 Common Shares at $12,000 each, following a 1:10 reverse stock split in December 2021. The offer will expire on March 29, 2022, unless extended, and shareholders can participate voluntarily. If oversubscribed, shares will be prorated. Fractional shares are not accepted unless all shares held are tendered. D.F. King & Co. serves as the information agent for the offer. The board advises shareholders to make their own decisions and consult financial advisors.