|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.1940 - 1.1940|
|52 Week Range||0.5375 - 1.2100|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 06, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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The depositary for the tender offer has advised Elevate that, as of the expiration of the tender offer period, approximately 10,576,487 shares of common stock, par value $0.20, of E&S (the "Shares") (excluding approximately 50,741 Shares subject to guaranteed delivery procedures) were properly tendered and not withdrawn in the tender offer, representing approximately 92.1% of the aggregate number of then issued and outstanding Shares. All properly tendered shares have been accepted for payment, which will be made in accordance with the terms of the tender offer.
DALLAS, TX and SALT LAKE CITY, UT / ACCESSWIRE / February 10, 2020 / Elevate Entertainment Inc. ("Elevate"), an affiliate of Mirasol Capital, LLC, and Evans & Sutherland Computer Corporation (OTC PINK:ESCC) ("E&S"), a leading producer of high-quality advanced visual display systems, today announced that they have entered into a definitive agreement for Elevate to acquire, through its acquisition subsidiary, E&S for $1.19 per share in cash. The transaction is valued at approximately $14,500,000. Under the terms of the agreement, a subsidiary of Elevate will commence a cash tender offer to purchase all of the outstanding shares of E&S common stock for $1.19 per share.