Selway Capital Acquisition Corporation announces an Equity Buyback in the amount of $8.65 mm
Only holders of Series B Shares are entitled to participate in the Offer, and holders of our Series C Shares of common stock and our other securities are not entitled to participate in the Offer, The securities will be retired and cancelled, expiry date of the tender offer is June 10, 2013 unless the offer is extended.
Only Series B Shares that are validly tendered and not properly withdrawn will be purchased pursuant to the Offer. Series B Shares tendered pursuant to the Offer but not purchased in the Offer will be returned at expense promptly following the expiration of the Offer.