The company said it received notice of an unsolicited mini-tender offer from Tutanota LLC to buy up to 400,000 shares of Class A common stock at $180 per share in cash.

1. 01

   The company said it received notice of an unsolicited mini-tender offer from Tutanota LLC to buy up to 400,000 shares of Class A common stock at $180 per share in cash.

2. 02

   The company said the proposal represents less than 0.01% of the Class A common stock outstanding as of June 10, 2024, the offer date. It said it does not endorse the offer and expresses no opinion on whether stockholders should tender their shares.

3. 03

   The company said the offer is currently scheduled to expire at 5 p.m. New York City time on July 12, 2024. It added that Tutanota LLC may extend the offer period and that stockholders who have already tendered may withdraw their shares before the offer expires.

4. 04

   The company said the mini-tender offer seeks less than 5% of outstanding shares, which lets it avoid many SEC disclosure and procedural requirements. It advised investors to check current market quotations and consult a broker or financial advisor.

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Original filing

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