Based on the preliminary result of the Tender Offer, the 6,515,603 Shares tendered in the Tender Offer represent approximately 87.5 percent of all Shares and voting rights carried by the Shares, and together with the 365,467 Shares held by the Offeror, represent approximately 92.4 percent of all Shares and voting rights carried by the Shares (excluding shares held by Nixu or its subsidiaries). Furthermore, 100 percent of the Option Rights have been tendered in the Tender Offer, which together with the tendered Shares and the Shares held by the Offeror represents approximately 92.6 percent ownership of all Shares and voting rights carried by the Shares, taking into account the full dilution effect.
So the offer is going through because the 90% threshold has been exceeded. The money should hit the account on June 12th, provided the information is confirmed on Thursday, but I don’t see any problem with this going through.