NVIDIA (NVDA) Responds to TRC Capital’s ‘Mini-Tender’ Offer

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NVIDIA Responds to TRC Capital’s ‘Mini-Tender’ Offer

February 4, 2025 6:00 PM EST

SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- NVIDIA has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation (TRC) dated January 21, 2025, to purchase up to 1,000,000 shares of NVIDIAs common stock at a price of $131.50 per share in cash. The offer represents less than 0.01% of NVIDIAs outstanding common stock.

The closing of TRCs offer is conditioned on, among other things, the trading price per share of NVIDIAs common stock not decreasing more than 5% from the... More