Item 8.01. Other Events.
On May 24, 2021, The Home Depot, Inc. (the "Company") received notification of
an unsolicited "mini-tender" offer by Tutanota LLC ("Tutanota") to purchase up
to 1,000,000 shares of the Company's common stock at an offer price of $360.00
per share. The offer price of $360.00 per share is conditioned on, among other
things, the closing price per share of Home Depot's common stock exceeding
$360.00 per share on the last trading day before the offer expires. The number
of shares subject to Tutanota's offer represented approximately 0.094% of the
Company's common stock outstanding as of May 18, 2021.
On June 2, 2021, the Company issued a press release, attached as Exhibit 99.1
and incorporated herein by reference, informing its shareholders that the
Company does not endorse Tutanota's unsolicited mini-tender offer and
recommending that shareholders do not tender their shares to Tutanota.
Shareholders who have already tendered their shares may withdraw them at any
time prior to the expiration of the offer, in accordance with Tutanota's
offering documents. Tutanota's offer is currently scheduled to expire at 5:00
p.m., New York City time, on Friday, June 18, 2021, unless the offer is
otherwise extended by Tutanota in its discretion or terminated earlier.
The Company does not endorse Tutanota's unsolicited mini-tender offer and is not
affiliated or associated in any way with Tutanota, its mini-tender offer, or its
mini-tender offer documents. Additional information concerning mini-tenders is
included in the attached press release.
Item 9.01. Financial Statements and Exhibits.
Exhibit Description
99.1 Press Release of The Home Depot, Inc.
The cover page of this Current Report on Form 8-K formatted in Inline XBRL
104 (included as Exhibit 101).
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