Tether's Tender Offer for Adecoagro Shares Oversubscribed by 35.2%

Tether, a prominent stablecoin issuer, has announced the results of its tender offer for the common stock of Adecoagro S.A. The tender offer, which aimed to acquire up to 49,596,510 shares of Adecoagro's common stock, was conducted at a cash price of $12.41 per share. The offer expired at midnight on April 24, 2025, New York time.

The tender agent, Computershare Trust Company, N.A., informed Tether that a total of 67,075,545 shares of common stock had been validly tendered and not withdrawn by the tender deadline. This figure exceeds the maximum number of shares Tether intended to acquire, indicating a strong response from shareholders.

The tender offer was a strategic move by Tether to increase its stake in Adecoagro, a company known for its agricultural operations. The acquisition of Adecoagro's shares aligns with Tether's broader strategy to diversify its holdings and strengthen its financial position. Adecoagro's strong presence in the agricultural sector provides Tether with a stable and potentially lucrative investment opportunity.

Tether's decision to acquire Adecoagro's shares reflects its confidence in the company's future prospects and its commitment to long-term investment. The successful tender offer demonstrates Tether's ability to execute large-scale acquisitions and its willingness to invest in diverse sectors. This move is likely to enhance Tether's reputation as a forward-thinking and strategic investor.

The outcome of the tender offer is a significant development for both Tether and Adecoagro. For Tether, the acquisition represents a strategic investment that could yield substantial returns in the future. For Adecoagro, the tender offer provides an opportunity to attract new investors and strengthen its financial position. The successful completion of the tender offer is a testament to the strong relationship between the two companies and their shared commitment to growth and innovation.