The company states: “Sandisk (SNDK) announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC to purchase up to 100,000 shares of Sandisk’s common stock at an offer price of $1,150.00 per share. The shares subject to Tutanota’s offer represent less than 0.07% of Sandisk’s common stock as of April 24, 2026. The offer price of $1,150.00 per share is conditioned upon, among other things, the closing price per share of Sandisk’s common stock exceeding $1,150.00 per share on the last trading day before the offer expires.”
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