Monday, October 30, 2023

Equity Corporate Actions Alert #2023 - 622
(UPDATED:Closed) Information Regarding the Tender Offer of Hostess Brands, Inc. (TWNK)

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  • Industry Announcement

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The tender offer by The J. M. Smucker Company (SJM) to acquire all of the outstanding common stock of Hostess Brands, Inc. (TWNK) originally scheduled to expire one minute after 11:59 p.m. ET, on November 6, 2023, was extended to 12:00 p.m. ET on November 7, 2023. The subsequent merger has closed. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on November 6, 2023. The stock will remain halted for the remainder of the day today (November 7th) and will be suspended effective November 8, 2023. The details are as follows:

Company/Issue: Hostess Brands, Inc. Class A Common Stock
CUSIP#: 44109J106
Symbol: TWNK
Anticipated Last Trading Date: November 6, 2023
Anticipated Marketplace Effective Date for Suspension: November 8, 2023
Merger Consideration: $30.00 and .03002 shares of The J. M. Smucker Company Common Stock (SJM) for each share held.


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