Filing Details
- Accession Number:
- 0001104659-20-038901
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-26 17:17:20
- Reporting Period:
- 2020-03-26
- Accepted Time:
- 2020-03-26 17:17:20
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
276283 | Evans & Sutherland Computer Corp | ESCC | Miscellaneous Electrical Machinery, Equipment & Supplies (3690) | 870278175 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
929212 | T Stephen Winn | 4143 Maple Avenue, Suite 400 Dallas TX 75219 | No | No | Yes | No | |
1802886 | Elevate Acquisition Corp | 4143 Maple Avenue, Suite 400 Dallas TX 75219 | No | No | Yes | No | |
1802887 | Elevate Entertainment Inc. | 4143 Maple Avenue, Suite 400 Dallas TX 75219 | No | No | Yes | No | |
1804145 | Elevate Entertainment Holdings Inc. | 4143 Maple Avenue, Suite 400 Dallas TX 75219 | No | No | Yes | No | |
1804559 | Mirasol Capital, Llc | 4143 Maple Avenue, Suite 400 Dallas TX 75219 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.20 | Acquisiton | 2020-03-26 | 10,576,487 | $1.19 | 10,576,487 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Footnotes
- In connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of February 9, 2020, by and among Evans & Sutherland Computer Corporation (the "Issuer"), Elevate Entertainment Inc. and Elevate Acquisition Corporation ("Purchaser"), Purchaser offered to purchase all of the issued and outstanding shares of common stock, par value, $0.20 per share (the "Shares"), of the Issuer, at a purchase price of $1.19 per Share net to the seller in cash, without interest thereon and subject to any applicable tax withholding (the "Offer Price"), upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 27, 2020 (the "Offer to Purchase"), and in the related Letter of Transmittal (which, together with the Offer to Purchase, as they may be amended or supplemented from time to time, collectively constitute the "Offer").
- The Offer and withdrawal rights expired as scheduled at 12:00 midnight, Eastern Time, at the end of the day on March 25, 2020, without being extended (the "Expiration Time"). The conditions to the Offer were satisfied at the Expiration Time and, as a result, Purchaser has accepted for payment all Shares that were validly tendered and not properly withdrawn pursuant to the Offer.