Cognaâ€ŊEducaçÃĢoâ€ŊS.A. Extends Tender Offer for Vasta Platform Shares

Cognaâ€ŊEducaçÃĢoâ€ŊS.A. Extends Tender Offer for Vasta Platform Shares

â€ĒBy ADMIN
Related Stocks:COGN3
Brazil‐based education company Cogna EducaçÃĢo S.A. (B3:â€ŊCOGN3) has announced a further extension of its all‑cash tender offer to purchase all outstanding Classâ€ŊA common shares of Vasta Platform Limited (Nasdaq:â€ŊVSTA) for USâ€Ŋ$5.00 per share. The original offer, launched Septemberâ€Ŋ17â€Ŋ2025 and previously amended, had been set to expire at 5:00â€Ŋp.m.â€ŊEDT on Octoberâ€Ŋ28â€Ŋ2025. Its new expiration date is now 5:00â€Ŋp.m.â€ŊEDT on Decemberâ€Ŋ10â€Ŋ2025, unless further extended or terminated earlier. The extension is designed to allow more time for the U.S. Securities and Exchange Commission (SEC) to complete its review of the tender‑offer documents, a process affected recently by the U.S. government shutdown. Shareholders of Vasta who already tendered do not need to re‑tender or take any action in light of the extension. As of 5:00â€Ŋp.m.â€ŊEDT on Octoberâ€Ŋ28, 2025, 15,379,240 shares — representing approximately 96.3â€Ŋ% of Vasta’s outstanding Classâ€ŊA common shares — had been validly tendered and not withdrawn. Completion of the transaction remains subject to the satisfaction or waiver of all offer conditions described in the amended Offer to Purchase and related Scheduleâ€ŊTO filing with the SEC. Shareholders are advised to review the full tender‑offer materials and consult the SEC’s website for free copies of the filings. #Cogna #VastaPlatform #TenderOffer #MergersAndAcquisitions #SlimScan #GrowthStocks #CANSLIM

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Cognaâ€ŊEducaçÃĢoâ€ŊS.A. Extends Tender Offer for Vasta Platform Shares | CANSLIM