Tiber Ventures updates tender offer expiration date

Tiber Ventures announced that its modified “Dutch auction” Tender Offer will be extended for ten business days and will now expire one minute after 4:59 P.M. Eastern Daylight Time on July 25, 2024 unless further extended by Tiber or otherwise terminated. Tenders of shares must be made on or prior to the expiration of the Tender Offer and may be withdrawn at any time prior to the expiration of the Tender Offer, in each case, in accordance with the procedures described in the Tender Offer materials distributed to Tiber’s stockholders. The Tender Offer is not conditioned on the receipt of financing or any minimum number of shares being tendered, but it is subject to certain other conditions. Subject to applicable law, Tiber may extend, terminate or otherwise amend the Tender Offer in its sole discretion. The Tender Offer documents contain tendering instructions and a complete explanation of the Tender Offer’s terms and conditions. Tiber expects to use cash and cash equivalents to fund the purchase of shares validly tendered and accepted in the Tender Offer. As of 5:00 PM Eastern Daylight Time on July 10, 2024 there have been 153,028 shares tendered and any shares that have been previously tendered may be withdrawn up until the Expiration Time, as so extended.