Tutanota Announces Expiration of Offer for Shares of AMD Without Satisfaction of Tender Conditions

NEW YORK - Jan. 22, 2025 - PRLog -- Tutanota LLC ("Purchaser") announces that its previously-announced tender offer (the "Offer") to acquire up to 150,000 shares of common stock (the "Shares") of Advanced Micro Devices, Inc. for $165.00 per Share (the "Offer Price") will expire without the conditions of the Offer being met.

The Offer was subject to closing conditions set forth in the Offer to Purchase, dated March 18, 2024, including the closing price of the Shares on the NYSE on the last full trading day prior to the Expiration Date exceeding the Offer Price and Purchaser obtaining financing necessary to fund Purchaser's financial obligations arising from the Offer.

The Offer is scheduled to expire at 5:00 p.m., New York City time, on Wednesday, January 22, 2025. Purchaser will not accept any tendered Shares for payment. All tendered Shares will be returned promptly to the holders.

This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell shares or any other securities.

Tutanota LLC is a private investment company that specializes in investing in publicly traded securities.

Forward Looking Statements

Statements included in this press release that are not historical facts are forward-looking statements, which involve a number of risks and uncertainties and are subject to change at any time.  While Purchaser may elect to update forward-looking statements in the future, Purchaser specifically disclaims any obligation to do so, even if estimates change and, therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today