This amendment No. 3 (this Amendment) amends and supplements the Tender
Offer Statement on Schedule TO (together with any amendments and supplements hereto, this Schedule TO) and is being filed by Tiger Merger Sub, Inc., a Delaware corporation (the Offeror)
and a direct, wholly-owned subsidiary of Autokiniton US Holdings, Inc., a Delaware corporation (Parent), which is controlled by certain private equity funds for which KPS Investors IV Ltd., a Cayman Islands exempted company
(KPS IV), acts as General Partner. This Schedule TO relates to the offer by the Offeror to purchase all of the issued and outstanding Shares at a purchase price of $31.00 per Share (the Offer Price), in
cash, net of applicable withholding, without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated August 15, 2019 (the Offer to Purchase), and in the related Letter of Transmittal
(the Letter of Transmittal which, together with the Offer to Purchase, as each may be amended or supplemented from time to time, collectively constitute the Offer), copies of which are annexed to and filed with
this Schedule TO as Exhibits (a)(1)(A) and (a)(1)(B), respectively. Information set forth in the Offer to Purchase is incorporated herein by reference in response to Items 1 through 9 and Item 11 in this Schedule TO and is
supplemented by the information specifically provided in this Schedule TO. The Agreement and Plan of Merger, dated as of July 12, 2019, by and among Parent, the Offeror and Tower (as it may be amended from time to time, the Merger
Agreement), a copy of which is attached as Exhibit (d)(1) hereto, is incorporated herein by reference with respect to Items 4 through 11 of this Schedule TO. Unless otherwise indicated, references to sections in this
Schedule TO are references to sections of the Offer to Purchase.
All the information set forth in the Offer to Purchase, including
Schedule I thereto, is incorporated by reference herein in response to Items 1 through 9 and Item 11 of this Schedule TO, and is supplemented by the information specifically provided in this Amendment.
Capitalized terms used but not defined in this Amendment shall have the meanings assigned to such terms in the Schedule TO.
Items 1 through 9 and Item 11.
Amendments to the
Schedule TO
Items 1, 4 and 11 of the Schedule TO are hereby amended and supplemented by adding the following text thereto:
On September 6, 2019, Parent announced an extension of the expiration of the Offer to 5:00 p.m., New York City time, on September 25,
2019, unless the Offer is further extended or earlier terminated in accordance with the Merger Agreement. The Offer, which was previously scheduled to expire at 5:00 p.m., New York City time, on September 13, 2019, was extended to allow additional
time for the satisfaction of the conditions to the Offer.
The Depositary has advised the Offeror and Parent that, as of 5:00 p.m., New
York City time, on September 5, 2019, 577,743 Shares, representing approximately 2.8% of the outstanding Shares, have been validly tendered pursuant to the Offer and not properly withdrawn, and no Shares have been tendered pursuant to guaranteed
delivery procedures.
The full text of the press release issued by Parent announcing the extension of the Offer is attached hereto as
Exhibit (a)(5)(B) and is incorporated by reference herein.
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