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Asta Funding extends tender offer to buy common stock

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Asta Funding extends tender offer to buy common stock

Asta Funding Inc. extended its self-tender offer to buy up to 5,314,009 of its common shares at $10.35 per share in cash.

The offer will now expire Feb. 15 at 11:59 p.m. ET, unless further extended or withdrawn by the company. All other terms and conditions of the self-tender offer remain unchanged.

The depositary for the self-tender offer, American Stock Transfer & Trust Co. LLC, has advised that as of 5 p.m. ET on Feb. 1, about 716 common shares have been validly tendered and not withdrawn pursuant to the tender offer, representing about 0.006% of the outstanding shares.