MCI Capital announced the final results of its previously announced cash tender offer to purchase up to 4,000,000 shares of common stock of StarTek at a purchase price of $4.20 per share, which expired at 5:00 p.m., New York City time, on January 4, 2023. The tender offer fully closed on January 9th, 2023. MCI has accepted for payment, at a purchase price of $4.20 per share, and promptly paid $12,350,713.20 for, all 2,940,646 shares of common stock that were validly tendered and not validly withdrawn pursuant to the Offer. After giving effect to this transaction, MCI and its affiliates beneficially own approximately ~7.3% of StarTek’s outstanding shares of common stock as of October 31, 2022.
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