Oracle Corporation Responds to Unsolicited Mini-Tender Offer by TRC Capital Investment
In a recent announcement, Oracle Corporation (NYSE: ORCL) confirmed that it received an unsolicited mini-tender proposal from TRC Capital Investment Corporation dated March 24, 2026. This tender offer is for the acquisition of up to 1,000,000 shares of Oracle’s common stock at a price of $140.50 per share. Notably, this offer represents less than 0.04% of Oracle's total outstanding shares, which emphasizes the small percentage of equity that TRC seeks to acquire.
Oracle has clarified that it is not associated with TRC, nor does it endorse this mini-tender offer or its associated documents. The price suggested by TRC is notably lower than the current market value of Oracle's common stock, prompting the company to adopt a neutral stance regarding the offer. Therefore, Oracle refrains from making any recommendation on whether its shareholders should tender their shares in response to TRC's proposal.
In light of this, Oracle advises its shareholders to thoroughly assess the mini-tender offer and highlights the importance of consulting with their financial advisors. Furthermore, they should obtain updated market quotations to make informed decisions about their investment in Oracle.
It is crucial to recognize that TRC’s offer is subject to numerous conditions. Considering that the offer pertains to less than 5% of Oracle's outstanding shares, it is not bound by the extensive disclosure and procedural requirements mandated by the U.S. Securities and Exchange Commission (SEC) that apply to larger tender offers. Consequently, Oracle urges shareholders to exercise caution regarding TRC's offer and consider the potential risks involved.
Moreover, the SEC has issued warnings and provided valuable advice to investors concerning mini-tender offers. Shareholders interested in more information can refer to the SEC’s guidance available at www.sec.gov.
For shareholders who may have already tendered their shares, Oracle underscores the importance of reviewing the offer's terms, particularly their withdrawal rights, and to seek counsel from their financial advisors before taking any further actions.
The deadline for TRC’s offer is currently set for April 22, 2026, at 11:59 PM Eastern Time, with the possibility of extension or termination before the expiration date.
Oracle has requested that news of this release be included in the distribution of any materials pertaining to TRC's mini-tender offer. As a tech leader, Oracle continues to facilitate innovations across various sectors, providing integrated suites of applications as well as secure, autonomous cloud infrastructure. For further details about Oracle and its services, interested parties can visit www.oracle.com.
As an entity that prides itself on its products and services including known names such as Oracle Cloud and Java, Oracle remains committed to guiding its shareholders through these unsolicited offers effectively. Oracle encourages continuing engagement and clarity amongst its stakeholders while navigating this unsolicited mini-tender landscape.
Oracle has clarified that it is not associated with TRC, nor does it endorse this mini-tender offer or its associated documents. The price suggested by TRC is notably lower than the current market value of Oracle's common stock, prompting the company to adopt a neutral stance regarding the offer. Therefore, Oracle refrains from making any recommendation on whether its shareholders should tender their shares in response to TRC's proposal.
In light of this, Oracle advises its shareholders to thoroughly assess the mini-tender offer and highlights the importance of consulting with their financial advisors. Furthermore, they should obtain updated market quotations to make informed decisions about their investment in Oracle.
It is crucial to recognize that TRC’s offer is subject to numerous conditions. Considering that the offer pertains to less than 5% of Oracle's outstanding shares, it is not bound by the extensive disclosure and procedural requirements mandated by the U.S. Securities and Exchange Commission (SEC) that apply to larger tender offers. Consequently, Oracle urges shareholders to exercise caution regarding TRC's offer and consider the potential risks involved.
Moreover, the SEC has issued warnings and provided valuable advice to investors concerning mini-tender offers. Shareholders interested in more information can refer to the SEC’s guidance available at www.sec.gov.
For shareholders who may have already tendered their shares, Oracle underscores the importance of reviewing the offer's terms, particularly their withdrawal rights, and to seek counsel from their financial advisors before taking any further actions.
The deadline for TRC’s offer is currently set for April 22, 2026, at 11:59 PM Eastern Time, with the possibility of extension or termination before the expiration date.
Oracle has requested that news of this release be included in the distribution of any materials pertaining to TRC's mini-tender offer. As a tech leader, Oracle continues to facilitate innovations across various sectors, providing integrated suites of applications as well as secure, autonomous cloud infrastructure. For further details about Oracle and its services, interested parties can visit www.oracle.com.
As an entity that prides itself on its products and services including known names such as Oracle Cloud and Java, Oracle remains committed to guiding its shareholders through these unsolicited offers effectively. Oracle encourages continuing engagement and clarity amongst its stakeholders while navigating this unsolicited mini-tender landscape.
Topics General Business）
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