FUTU HK Help Center-SBOW.US Merger with Election
English
Back
Open Account

SBOW.US Merger with Election

SilverBow Resources, Inc. (SBOW.US) will merge with Crescent Energy Company (CRGY), Artemis Acquisition Holdings Inc., Artemis Merger Sub Inc., Artemis Merger Sub Inc., and Artemis Merger Sub II LLC. Holders of SilverBow Resources, Inc. (SBOW.US) can elect to receive all cash or all stock or a combination of cash and stock. If the all cash election is oversubscribed, such elections may be prorated.

Participants must obtain the Agreement and Plan of Merger and Reorganization Dated as of 15/05/2024 and proxy statement/prospectus mailed June 28, 2024.

The terms of the offer are as follows:

Option (1): Elect for SHARES - 3.125 SHARES OF CRESCENT COMMON-STOCK (SUBJECT TO PRORATION) 

Option (2): Elect for CASH - $38.00 PER SHARE (SUBJECT TO PRORATION)

Option (3): Elect for a combination of CASH and SHARES - $15.31 CASH AND 1.866 SHARES OF CRESCENT

As a result of the proration provisions, no guarantee can be made that you will receive the form of Merger Consideration that you elect.

No response is required for holders who do not want to participate in this offer.

The deadline to tender shares to the offer will be 17/07/2024@ 16:00 (HONG KONG TIME GMT+8).

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: SBOW.US
4. Options: (1) or (2) or (3)
5. Number of shares participating in corporate actions:

Note to applicants:
1. For shareholders holding less than 1 share of SBOW.US, they cannot participate in related corporate actions.
2. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
3. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
4. The pending orders and unsettled shares will not be accepted for the time being.
5. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
6. If there is any update, all the information released by the listed company shall prevail.

Market Insights

Market Hot Picks Market Hot Picks
Unlock Now

Discussing

中美大降關稅!如何抓住市場交易機會?
中美關稅超預期降溫,市場迎來久違狂歡。5月12日下午,中方公佈中美日內瓦經貿會談聯合聲明,美方取消共計91%的加徵關稅,中方相應取消91%的反制關稅,美方暫停實施24%的「對等關稅」,中方相應暫停實施24%的反制關稅。聲明公佈後,港美股當日應聲暴漲,修復至關稅前水平。13日,特朗 Show More