SanDisk warns shareholders against unsolicited mini-tender offer at $1,150/share

Filed May 15, 2026 · Period ending May 14, 2026 · ~1 min read

Key Changes

• medium

  Tutanota LLC made an unsolicited mini-tender offer to buy 100,000 shares (less than 0.07% of outstanding stock) at $1,150 per share. Mini-tender offers often price below market and target small shareholders.

  Item 8.01 verify on EDGAR →
• medium

  SanDisk issued a press release explicitly recommending shareholders NOT tender their shares to Tutanota and stating the company does not endorse the offer.

  Item 8.01 verify on EDGAR →
• low

  Shareholders who already tendered can withdraw their shares before the offer expires May 20, 2026 at 5:00 p.m. Eastern Time.

  Item 8.01 verify on EDGAR →