MiniLuxe announces SIB for up to CDN$6,000,000 of Class A subordinate voting shares

MiniLuxe Holding Corp. said its board has authorized a substantial issuer bid to repurchase for cancellation up to C$6 million of its Class A Subordinate Voting Shares through a modified Dutch auction that will run from Aug. 20, 2026 to Sept. 24, 2026, unless extended or withdrawn. Shareholders can tender shares at prices from C$0.40 to C$0.48 in C$0.02 increments, or submit purchase price tenders that will be treated at the minimum price for determining the final clearing price. Based on 86,669,259 shares outstanding, the offer could cover as many as 15,000,000 shares, or about 17.3% of the total, if priced at C$0.40, or 12,500,000 shares, or about 14.4%, if priced at C$0.48. The company said directors, officers and other insiders do not plan to tender shares. MiniLuxe may decline to proceed if less than C$1,000,000 of shares are validly tendered, and shareholders who do not participate would increase their proportional ownership if shares are bought back. The stock closed at C$0.385 on Aug. 17, 2026, after trading between C$0.235 and C$0.355 during the seven months ended July 31, 2026.

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