CrowdStrike Urges Rejection of Tutanota’s $260 Mini-Tender Offer

CrowdStrike urged stockholders to reject Tutanota LLC’s unsolicited mini-tender offer for up to 500,000 shares at $260 each, saying a condition could leave participants selling below the market price.

The offer covers less than 0.05% of CrowdStrike’s outstanding common stock and is currently expected to expire at 5 p.m. ET on Oct. 19, 2026.

One condition requires CrowdStrike’s closing share price to exceed $260 on the final trading day before expiration. Unless Tutanota waives that condition, CrowdStrike said participating stockholders could receive less than the market price.

CrowdStrike also said it has no association with Tutanota, the offer or the related documents. Stockholders who have not responded were advised to take no action.

The offer is a mini-tender offer seeking a small portion of CrowdStrike’s outstanding shares.

CrowdStrike urged stockholders to obtain current market quotations and consult their broker or financial adviser. It also asked brokers, dealers and other market participants to follow Securities and Exchange Commission and National Association of Securities Dealers guidance and include a copy of CrowdStrike’s official statement when distributing materials related to the offer.