VAYK Proposes 100 million Buyback through Private Repurchases
Vaycaychella (VAYK) has announced a proposed stock repurchase program to buy back up to 100 million shares through private deals. The program targets shareholders owning over 20 million shares individually or groups of up to five shareholders collectively owning more than 40 million shares.
The repurchased shares will be canceled, reducing the total outstanding shares. Participating shareholders must sell their entire holdings at a 'substantial' discount to current market price. The program requires approval from the Board of Directors at their mid-March meeting.
Interim CEO Stephanie Anderl emphasized this program would benefit shareholders seeking immediate liquidation of their positions, rather than selling gradually over months. The exact repurchase price remains undisclosed but will be subject to negotiation between the company and participating shareholders.
Vaycaychella (VAYK) ha annunciato un programma di riacquisto di azioni per riacquistare fino a 100 milioni di azioni tramite operazioni private. Il programma è destinato agli azionisti che possiedono oltre 20 milioni di azioni individualmente o gruppi di fino a cinque azionisti che possiedono collettivamente più di 40 milioni di azioni.
Le azioni riacquistate saranno annullate, riducendo il totale delle azioni in circolazione. Gli azionisti partecipanti devono vendere tutte le loro partecipazioni a uno 'sconto sostanziale' rispetto al prezzo di mercato attuale. Il programma richiede l'approvazione del Consiglio di Amministrazione nella loro riunione di metà marzo.
Il CEO ad interim Stephanie Anderl ha sottolineato che questo programma sarebbe vantaggioso per gli azionisti che cercano una liquidazione immediata delle loro posizioni, piuttosto che vendere gradualmente nel corso dei mesi. Il prezzo esatto di riacquisto rimane riservato ma sarà soggetto a negoziazione tra l'azienda e gli azionisti partecipanti.
Vaycaychella (VAYK) ha anunciado un programa propuesto de recompra de acciones para recomprar hasta 100 millones de acciones a través de acuerdos privados. El programa está dirigido a accionistas que posean más de 20 millones de acciones individualmente o grupos de hasta cinco accionistas que posean colectivamente más de 40 millones de acciones.
Las acciones recompradas serán canceladas, reduciendo el total de acciones en circulación. Los accionistas participantes deben vender todas sus participaciones a un 'descuento sustancial' respecto al precio de mercado actual. El programa requiere la aprobación de la Junta Directiva en su reunión de mediados de marzo.
La CEO interina Stephanie Anderl enfatizó que este programa beneficiaría a los accionistas que buscan una liquidación inmediata de sus posiciones, en lugar de vender gradualmente durante meses. El precio exacto de recompra sigue siendo confidencial, pero estará sujeto a negociación entre la empresa y los accionistas participantes.
Vaycaychella (VAYK)는 최대 1억 주를 개인 거래를 통해 재매입하는 제안된 주식 매입 프로그램을 발표했습니다. 이 프로그램은 개별적으로 2천만 주 이상을 보유한 주주 또는 4천만 주 이상을 공동으로 보유한 최대 5명의 주주 그룹을 대상으로 합니다.
재매입된 주식은 취소되어 총 발행 주식 수가 줄어들게 됩니다. 참여 주주는 현재 시장 가격에 비해 '상당한' 할인으로 모든 보유 주식을 판매해야 합니다. 이 프로그램은 3월 중순 이사회에서 승인을 받아야 합니다.
임시 CEO인 스테파니 안델은 이 프로그램이 즉각적인 청산을 원하는 주주에게 유리하다고 강조했습니다. 이 프로그램은 몇 달에 걸쳐 점진적으로 판매하기보다는 즉각적인 청산을 선호하는 주주에게 유리합니다. 정확한 재매입 가격은 공개되지 않았지만, 회사와 참여 주주 간의 협상에 따라 결정될 것입니다.
Vaycaychella (VAYK) a annoncé un programme de rachat d'actions proposé pour racheter jusqu'à 100 millions d'actions par le biais d'accords privés. Le programme cible les actionnaires possédant plus de 20 millions d'actions individuellement ou des groupes de jusqu'à cinq actionnaires possédant collectivement plus de 40 millions d'actions.
Les actions rachetées seront annulées, réduisant le nombre total d'actions en circulation. Les actionnaires participants doivent vendre l'ensemble de leurs participations à un 'rabais substantiel' par rapport au prix du marché actuel. Le programme nécessite l'approbation du Conseil d'Administration lors de sa réunion de mi-mars.
La PDG par intérim Stephanie Anderl a souligné que ce programme serait bénéfique pour les actionnaires cherchant à liquider immédiatement leurs positions, plutôt que de vendre progressivement sur plusieurs mois. Le prix exact de rachat reste non divulgué mais sera soumis à des négociations entre l'entreprise et les actionnaires participants.
Vaycaychella (VAYK) hat ein vorgeschlagenes Aktienrückkaufprogramm angekündigt, um bis zu 100 Millionen Aktien über private Geschäfte zurückzukaufen. Das Programm richtet sich an Aktionäre, die einzeln über 20 Millionen Aktien oder Gruppen von bis zu fünf Aktionären, die gemeinsam mehr als 40 Millionen Aktien besitzen, verfügen.
Die zurückgekauften Aktien werden annulliert, wodurch die Gesamtzahl der ausstehenden Aktien verringert wird. Die teilnehmenden Aktionäre müssen ihre gesamten Bestände mit einem 'substanziellen' Rabatt auf den aktuellen Marktpreis verkaufen. Das Programm bedarf der Genehmigung des Vorstands in seiner Sitzung Mitte März.
Die interimistische CEO Stephanie Anderl betonte, dass dieses Programm den Aktionären zugutekommen würde, die eine sofortige Liquidation ihrer Positionen anstreben, anstatt über Monate hinweg schrittweise zu verkaufen. Der genaue Rückkaufpreis bleibt unbekannt, wird jedoch Gegenstand von Verhandlungen zwischen dem Unternehmen und den teilnehmenden Aktionären sein.
- Reduction in total outstanding shares through cancellation
- Provides immediate exit opportunity for large shareholders
- Substantial discount required for share sales
- to large shareholders only
- Program still requires board approval
ATLANTA, Feb. 28, 2025 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") announces that its management has proposed a stock repurchase program, under which the company will buy back through private deals up to 100 million shares, and will subsequently cancel these shares.
The program is offered to shareholders who individually own more than 20 million shares, or to groups of no more than five shareholders collectively owning more than 40 million shares. Participating shareholders must be willing to sell all their shares back to the company at a discounted price. The repurchased shares will then be canceled, reducing the total number of outstanding shares.
The program is subject to approval of the Board of Directors at the upcoming board meeting in mid-March, which will include newly elected board members.
"If you are a shareholder owning more than 20 million shares, or a group of fewer than six shareholders collectively owning more than 40 million shares, please reach out to us before the board meeting," announced Stephanie Anderl, Interim CEO of VAYK. "Our board will review the feasibility of the proposal, including whether we have enough shareholders willing to sell their shares back to the company. So please contact us immediately."
Ms. Anderl highlighted that this program would benefit participating shareholders by allowing them to cash in their positions immediately, rather than selling in small increments over an extended time, which can sometimes take several months or even longer.
"This will, in particular, be a good opportunity for shareholders who have no intention of long-term investment and wish to liquidate their positions in our company promptly," says Anderl.
As a trade-off, the repurchase price will be discounted against the current market price. Anderl did not disclose the acceptable price for the company but emphasized that the discount would be "substantial" and subject to negotiation between the company and participating shareholders.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
VAYK Contact: Contact@Vaycaychella.com; +1 470-804-7144
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SOURCE Vaycaychella, Inc.
FAQ
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