OneSpan Inc. (OSPN) Announces Preliminary Results of Tender Offer
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OneSpan Inc. Announces Preliminary Results of Tender Offer
December 12, 2023 9:00 AM ESTBOSTON--(BUSINESS WIRE)-- OneSpan Inc. (Nasdaq: OSPN) (OneSpan or the Company) announced today the preliminary results of its modified Dutch auction tender offer to purchase up to $20 million of its common stock, par value $0.001 per share (the common stock or the shares), subject to its right to purchase up to an additional 2% of its outstanding shares of common stock, for cash at a price per share not less than $9.50 and not greater than $11.00. The tender offer expired at 12:00 midnight, at the end of the day, New York City time, on December 11, 2023.
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