Hertz Announces Commencement Of Cash Tender Offer To Purchase All Of Its Outstanding Series A Preferred Stock And Consent Solicitation
Round Type
Series A
EsteroTransportationTravelAutomotiveleisure, travel & tourismDescription
Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz" or the "Company") announced that it is commencing today a tender offer to purchase all of its outstanding Series A Preferred Stock, par value $0.01 per share (the "Series A Preferred Shares"), at a price per Series A Preferred Share of $1,250.00, less any applicable withholding taxes. The tender offer will expire at midnight (at the end of the day), Eastern Standard Time, on Tuesday, December 21, 2021, unless the offer is extended. Tenders of Series A Preferred Shares must be made prior to the expiration of the tender offer and may be withdrawn at any time prior to the expiration time, in each case, in accordance with the procedures described in the tender offer materials
Quick answer
Hertz Global Holdings raised an undisclosed amount in a Series A round, dated November 23, 2021. Hertz Global Holdings is based in Estero, Florida, United States.
- How much did Hertz Global Holdings raise?
- Hertz Global Holdings raised an undisclosed amount in a Series A round on November 23, 2021.
- What does Hertz Global Holdings do?
- Hertz Global Holdings, Inc. is a leading global rental car company that operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle..
- Where is Hertz Global Holdings based and how big is it?
- Hertz Global Holdings is based in Estero, Florida, United States. Fundz records about 26,000 employees.
- Who are the decision-makers at Hertz Global Holdings?
- Fundz holds 2 contacts at Hertz Global Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Travel around the same time
Companies in the same sectors as Hertz Global Holdings that raised within 45 days of this round, from Fundz verified event records.
- ZoomCar raised $92M (Funding Round) on November 8, 2021.
- Stoke Space raised $65M on December 21, 2021.
- Stoke Space raised $65M (Series A) on December 15, 2021.
- Ola Electric raised $52M (Funding Round) on December 8, 2021.
- AUTO1 Group raised $750K (Seed) on December 7, 2021.
- Valor Energy Inc raised $5M on November 23, 2021.
Who to call at Hertz Global Holdings, and when
A new round usually means Hertz Global Holdings is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Hertz Global Holdings raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Hertz Global Holdings, from your own LinkedIn network
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Funding Insights
What this usually meansHertz Global Holdings raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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