mr debutant
10 years ago
I just voted FOR fore everything
Voting instructions must be received by: June 2, 2014 5:00 PM Eastern Time
Your vote will be cast as follows:
Proposal Your Election
1. To approve the sale of substantially all of the assets of Syntroleum Corporation ("Syntroleum") to REG Synthetic Fuels, LLC ("REG Synthetic"), a wholly owned subsidiary of Renewable Energy Group, Inc. ("REG"), pursuant to and on the terms set forth in an asset purchase agreement, dated as of December 17, 2013, by and among REG, REG Synthetic and Syntroleum (the "asset sale proposal" and the transactions contemplated thereby, the "asset sale"). For
2. To approve the plan of dissolution of Syntroleum, including the liquidation and dissolution of Syntroleum contemplated thereby, subject to the approval of the asset sale proposal and following the closing of the asset sale (the "plan of dissolution proposal"). For
3. To approve an amendment to Syntroleum's certificate of incorporation to change Syntroleum's name to Sooner Holdings, Inc., subject to the approval of the asset sale proposal and following the closing of the asset sale (the "name change proposal"). For
4. To grant discretionary authority to Syntroleum's board of directors to adjourn or postpone the special meeting, even if a quorum is present, to solicit additional votes to approve the asset sale proposal, the plan of dissolution proposal and/or the name change proposal, if necessary. For
5. To approve, on a non-binding advisory basis, the compensation that certain executive officers of Syntroleum may receive in connection with the asset sale pursuant to existing agreements or arrangements with Syntroleum. For
6. To approve an amendment to Syntroleum's certificate of incorporation to reduce the number of authorized shares of Syntroleum capital stock and common stock. For
Thank you,
mkendra
11 years ago
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation of SYNTROLEUM CORP. and Its Board of Directors In Relation to the Sale of Its Assets to Renewable Energy Group, Inc.
Dec 17, 2013 19:36:00 (ET)
NEW YORK--(BUSINESS WIRE)--December 17, 2013--
Levi & Korsinsky is investigating the Board of Directors of Syntroleum Corp. ("Syntroleum" or "the Company") (NASDAQ:SYNM) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of substantially all of the Company's assets to Renewable Energy Group, Inc. ("REG") (NASDAQ:REGI).
Click here to learn more about the action http://www.zlkdocs.com/Syntroleum-Request-Form-1347/, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of asset sale, Syntroleum will receive 3,796,000 shares of REG common stock. Syntroleum currently intends to distribute all of the shares of REG common stock received in the asset sale to Syntroleum's stockholders, assuming that the Company's cash reserve is sufficient to discharge Syntroleum's obligations and expenses associated with the asset sale and dissolution. Syntroleum shareholders will then receive approximately 0.3809 shares of REG common stock for each outstanding share of Syntroleum common stock they own (subject to reduction in the event that the aggregate market value of the REG common stock to be issued would exceed $49 million or if the cash transferred to REG is less than $3.2 million). The investigation concerns whether the Syntroleum Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether REG is underpaying for Syntroleum assets.
mkendra
11 years ago
Syntroleum: Renewable Energy Group (REGI) agrees to acquire Syntroleum. The terms of the transaction call for SYNM to receive 3,796,000 shares of REGI common stock
4:29 PM ET 12/17/13 | Briefing.com
Renewable Energy Group,REGI) and Syntroleum Corporation (NASDAQ: SYNM) announced today that they have entered into an asset purchase agreement pursuant to which REG would acquire substantially all of the assets of Syntroleum Corporation, and assume substantially all of the material liabilities of Syntroleum. The terms of the transaction call for Syntroleum to receive 3,796,000 shares of REG common stock (subject to reduction in the event that the aggregate market value of the REG common stock to be issued would exceed $49 million or if the cash transferred to REG is less than $3.2 million). Syntroleum's Board of Directors also has approved a plan of dissolution for Syntroleum pursuant to which Syntroleum will be liquidated and dissolved, in accordance with Delaware law, following consummation of the asset sale and subject to stockholder approval of the plan of dissolution at the special meeting. Before distributing any amounts to its stockholders, Syntroleum must satisfy all of its obligations not being assumed by REG. The asset purchase agreement with REG provides for Syntroleum to retain a cash reserve equal to the lesser of $5.3 million or the amount of cash on hand at Syntroleum as of the closing. Syntroleum currently intends to distribute all of the shares of REG common stock received in the asset sale to Syntroleum's stockholders which would result in Syntroleum stockholders receiving 0.3809 shares of REG common stock for each outstanding share of Syntroleum common stock.