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Evans & Sutherland Computer Corporation (ESCC)

Other OTC - Other OTC Delayed Price. Currency in USD
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1.19400.0000 (0.00%)
At close: 9:30AM EDT
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Neutralpattern detected
Previous Close1.1940
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range1.1940 - 1.1940
52 Week Range0.5375 - 1.2100
Avg. Volume1,150
Market Cap13.71M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
Earnings DateNov 06, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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    Elevate Completes Tender Offer for Evans & Sutherland Computer Corporation Shares with approximately 92.1% Shares Tendered

    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(excluding approximately 50,741 Shares subject to guaranteed delivery procedures) were properly tendered and not withdrawn in the tender offer, representing approximately 92.1% of the aggregate number of then issued and outstanding Shares.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.


    Elevate to Acquire Evans & Sutherland Computer Corporation

    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.