Aventis Inc. and Continental Stock Transfer & Trust Company sign Contingent Value Rights Agreement.

Friday, Jul 18, 2025 6:13 am ET1min read

Aventis Inc. and Continental Stock Transfer & Trust Company have entered into a Contingent Value Rights Agreement dated July 15, 2025. The agreement outlines the terms and conditions for the issuance and redemption of CVRs, including payment procedures, non-transferability, and the rights and responsibilities of the Rights Agent. The agreement also specifies that CVRs do not confer voting, dividend, or interest rights, nor do they represent an ownership interest in Aventis Inc.

Aventis Inc. and Continental Stock Transfer & Trust Company have recently entered into a Contingent Value Rights (CVR) Agreement dated July 15, 2025. This agreement outlines the terms and conditions for the issuance and redemption of CVRs, including payment procedures, non-transferability, and the roles of the Rights Agent. The CVRs, as specified, do not confer voting, dividend, or interest rights and do not represent an ownership interest in Aventis Inc.

The agreement specifies that the CVRs will be issued and redeemed according to a predetermined formula, which will be disclosed in the agreement. The payment procedures and conditions for the redemption of CVRs are also outlined in the agreement. It is important to note that the CVRs are non-transferable, meaning they cannot be sold or transferred to third parties.

The Rights Agent, as designated in the agreement, will be responsible for administering the CVR program, including the issuance and redemption of CVRs. The Rights Agent will also be responsible for ensuring compliance with the terms of the agreement and the applicable securities laws.

The CVR Agreement is a significant development for Aventis Inc. and its shareholders. It provides a mechanism for shareholders to participate in the future growth and success of the company without the immediate financial commitment or voting rights associated with traditional equity ownership. However, it is crucial for investors to understand the terms and conditions of the CVR Agreement and to consult with their financial advisors before making any investment decisions.

For more information on the CVR Agreement, please refer to the official documents released by Aventis Inc. and Continental Stock Transfer & Trust Company.

References:
[1] https://www.enbw.com/investors/share/

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