2min chapter

This Week in Startups cover image

Market dynamics, RIFs, and AI’s role in law with Becki DeGraw | Wilson Sonsini Startup Legal Basics

This Week in Startups

CHAPTER

How to Make a Tender Offer to Stockholders

If you have that type of structure in place, then you will need to get the participants to opt in. So they could keep the original deal or take the new one. There's an actual whole formal process that has to be followed with this disclosure and this opt-in. This is a bit of work for the CFO and or law firm. And the other piece that goes into this is you probably have more than five or 10 people that are impacted by this. Maybe there's 50, 100 folks that may fall in this category.

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