Curtis International Ltd.: Announcement.Business Editors ETOBICOKE, Ontario--(BUSINESS WIRE)--July 27, 2001 Curtis International Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CURT) announced today that in response to final comments by the SEC, Curtis International has mailed all shareholders revised documentation providing some additional details related to the offer. The terms and conditions of the self-tender offer Self-tender offer A company that tenders for its own shares. , other than with respect to the expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. , remain unchanged. As per the SEC requirement in light of the new mailing, Curtis International has extended the expiration date of its self-tender offer until 5:00 pm Tuesday August 7, 2001. Following the expiration of the offer, Curtis intends to effect the merger as disclosed in the materials. As of the date of this release, shareholders owning an aggregate of 723,748 shares (42.2% of the shares for which the tender has been made) have tendered their shares. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Curtis International Ltd. and its business. The predictions embodied em·bod·y tr.v. em·bod·ied, em·bod·y·ing, em·bod·ies 1. To give a bodily form to; incarnate. 2. To represent in bodily or material form: in these statements will involve risks and uncertainties and accordingly Curtis' actual results may differ significantly from the results discussed or implied in such forward-looking statements." |
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