This is a multi-state form covering the subject matter of the title.
The Harris Texas Proposal to Consider and Approve Offer to Exchange Outstanding Shares and Amend Certificate of Designations, Preferences, and Rights is an important decision for shareholders and the company. This proposal involves making changes to the company's existing structure and offering an exchange of outstanding shares. The main objective of this proposal is to amend the certificate of designations, preferences, and rights in order to create a more favorable and efficient environment for shareholders. The proposed amendments aim to enhance the rights and preferences of the shareholders, ensuring fairness and transparency in their investment. Through this initiative, Harris Texas intends to provide an attractive offer to shareholders for exchanging their outstanding shares. This exchange may include options such as cash, other securities, or a combination of both, which will be outlined in the proposal. In order to ensure fairness and transparency in this transaction, a Fairness Opinion Report will be prepared. This report will evaluate and analyze various aspects of the proposal, including its financial implications, market conditions, and potential benefits for shareholders. The Fairness Opinion Report will guide shareholders in making informed decisions regarding the exchange of their outstanding shares. Different types of Harris Texas Proposals to consider and approve the offer to exchange outstanding shares and amend certificate of designations, preferences, and rights may include: 1. Proposal for Revised Share Exchange: This proposal may outline a revised exchange ratio or terms for the outstanding shares, considering updated market conditions and the company's financial standing. 2. Proposal for Cash-based Exchange: This option may focus on offering shareholders cash in exchange for their outstanding shares, providing them with immediate liquidity. 3. Proposal for Securities-based Exchange: This proposal may involve offering shareholders alternative securities, such as preferred shares or convertible bonds, instead of cash for their outstanding shares. 4. Proposal for Partial Exchange: In certain cases, the proposal may suggest a partial exchange, allowing shareholders to retain a portion of their outstanding shares while exchanging the rest. Each unique proposal will have its own specific terms, which will be outlined in detail along with the Fairness Opinion Report. Shareholders will have the opportunity to review and evaluate these proposals based on their individual interests and investment goals. Overall, the Harris Texas Proposal to Consider and Approve Offer to Exchange Outstanding Shares and Amend Certificate of Designations, Preferences, and Rights is a significant step towards enhancing shareholder value and aligning the company's structure with market dynamics. The Fairness Opinion Report will serve as a crucial tool for shareholders in assessing the fairness and potential benefits associated with the exchange offer.
The Harris Texas Proposal to Consider and Approve Offer to Exchange Outstanding Shares and Amend Certificate of Designations, Preferences, and Rights is an important decision for shareholders and the company. This proposal involves making changes to the company's existing structure and offering an exchange of outstanding shares. The main objective of this proposal is to amend the certificate of designations, preferences, and rights in order to create a more favorable and efficient environment for shareholders. The proposed amendments aim to enhance the rights and preferences of the shareholders, ensuring fairness and transparency in their investment. Through this initiative, Harris Texas intends to provide an attractive offer to shareholders for exchanging their outstanding shares. This exchange may include options such as cash, other securities, or a combination of both, which will be outlined in the proposal. In order to ensure fairness and transparency in this transaction, a Fairness Opinion Report will be prepared. This report will evaluate and analyze various aspects of the proposal, including its financial implications, market conditions, and potential benefits for shareholders. The Fairness Opinion Report will guide shareholders in making informed decisions regarding the exchange of their outstanding shares. Different types of Harris Texas Proposals to consider and approve the offer to exchange outstanding shares and amend certificate of designations, preferences, and rights may include: 1. Proposal for Revised Share Exchange: This proposal may outline a revised exchange ratio or terms for the outstanding shares, considering updated market conditions and the company's financial standing. 2. Proposal for Cash-based Exchange: This option may focus on offering shareholders cash in exchange for their outstanding shares, providing them with immediate liquidity. 3. Proposal for Securities-based Exchange: This proposal may involve offering shareholders alternative securities, such as preferred shares or convertible bonds, instead of cash for their outstanding shares. 4. Proposal for Partial Exchange: In certain cases, the proposal may suggest a partial exchange, allowing shareholders to retain a portion of their outstanding shares while exchanging the rest. Each unique proposal will have its own specific terms, which will be outlined in detail along with the Fairness Opinion Report. Shareholders will have the opportunity to review and evaluate these proposals based on their individual interests and investment goals. Overall, the Harris Texas Proposal to Consider and Approve Offer to Exchange Outstanding Shares and Amend Certificate of Designations, Preferences, and Rights is a significant step towards enhancing shareholder value and aligning the company's structure with market dynamics. The Fairness Opinion Report will serve as a crucial tool for shareholders in assessing the fairness and potential benefits associated with the exchange offer.