IRVINE,
Calif., May 22, 2024 /PRNewswire/ -- Alteryx, Inc.
(the "Offeror" or "Alteryx") announced today that it has terminated
the previously announced offer to purchase for cash all of the
8.750% Senior Notes due 2028 (the "Notes") at a purchase price
equal to 101% of the aggregate principal amount (the "Change of
Control Purchase Price") of the Notes repurchased, plus accrued and
unpaid interest to, but excluding, the date of purchase (the
"Change of Control Offer"). Capitalized terms used but not defined
herein have the meanings ascribed to them in the Change of Control
Notice and Offer to Purchase, dated March
28, 2024 (the "Statement").
Alteryx also announced that it has received requisite consents
(the "Requisite Consents") from holders (the "Holders") to approve
certain proposed amendments (the "Proposed Amendments") to the
indenture relating to the Notes, dated as of March 6, 2023 (as amended and supplemented
through the date hereof, the "Indenture"). As a result of receiving
the Requisite Consents, Alteryx and the trustee under the Indenture
executed a supplemental indenture relating to the Notes on
May 22, 2024 (the "Supplemental
Indenture") to effect the Proposed Amendments. The Proposed
Amendments amend the Indenture by eliminating substantially all
restrictive covenants (including the requirement in Section 4.08 of
the Indenture to make a "Change of Control Offer" following the
occurrence of a Change of Control Triggering Event). The Proposed
Amendments further amend the Indenture to require Alteryx to make
an offer to purchase all of the Notes on December 6, 2024 (the date of repurchase) at a
purchase price in cash equal to 102% of the aggregate principal
amount thereof, plus accrued and unpaid interest, if any, to but
excluding the date of repurchase.
Requests for documents relating to the Change of Control Offer
may be directed to D.F. King & Co, Inc., the Information and
Tender Agent, toll free at (866) 342-4884, toll at (212) 269-5550
(Banks and Brokers) or via email at alteryx@dfking.com.
This press release is for informational purposes only and does
not constitute an offer to purchase or a solicitation of an offer
to sell, or a solicitation of consents with respect to, any
security. No offer, solicitation or purchase will be made in any
jurisdiction in which such an offer, solicitation or purchase would
be unlawful. The full details of the Change of Control Offer are
included in the Statement. Holders of the Notes are strongly
encouraged to carefully read the Statement because it contains
important information.
Cautionary Statement Regarding Forward-Looking Statements
Statements made in this press release that are not historical
facts constitute "forward-looking statements" within the meaning of
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 and the rules, regulations and releases of the
Securities and Exchange Commission (the "SEC"). These
forward-looking statements are subject to risks and uncertainties,
and actual results might differ materially from those discussed in,
or implied by, the forward-looking statements. Such forward-
looking statements include statements regarding future results of
operations and financial position, business strategy and plans,
objectives for future operations, expectations for Alteryx
following the closing of the Merger, future opportunities for
Alteryx, any other statements regarding anticipated economic
activity, business levels, credit ratings, future earnings, planned
activities, anticipated growth, market opportunities, strategies
and plans, competition and other expectations and estimates for
future periods, and other statements that are not historical facts.
Forward-looking statements made in this press release are based on
the current beliefs and expectations of the management of Alteryx
with respect to the Merger and are subject to significant risks and
uncertainties outside of its control. By their nature,
forward-looking statements involve risk and uncertainty because
they relate to events and depend on future circumstances that may
or may not occur. Actual results may differ materially from the
current beliefs and expectations of the management of Alteryx with
respect to the Merger depending on a number of factors affecting
its business and risks associated with the integration and
performance of the combined company following the Merger. In
evaluating these forward-looking statements, you should carefully
consider, among other things, the risks described in reports that
Alteryx has filed with the SEC. New factors could emerge from time
to time and it is not possible for Alteryx to predict all such
factors. Because forward-looking statements are inherently subject
to risks and uncertainties, some of which cannot be predicted or
quantified, you should not rely on these forward-looking statements
as guarantees of future events. These forward-looking statements
speak only as of the date made and are not guarantees of future
performance of results. Alteryx and its affiliates expressly
disclaim any obligation or undertaking to release any updates or
revisions to any forward-looking statement to reflect any change in
expectations with regard thereto or any change of events,
conditions or circumstances on which any such statement was based,
except as required by law.
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SOURCE Alteryx, Inc.