UNITED STATES Washington, D.C. 20549 |
| SCHEDULE TO |
| Tender Offer Statement under Section 14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934 |
MONSTER BEVERAGE CORPORATION (Name of Subject Company (Issuer) and Filing Person (Offeror))
Common Stock, $0.005 par value
61174X109
Paul J. Dechary, Executive Vice President & General Counsel
Copy to:
|
Andrew M. Levine Jones Day
Roxane F. Reardon Marisa D. Stavenas Simpson Thacher & Bartlett LLP 425 Lexington Avenue New York, NY 10017 (212) 455-2000 |
x Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
Check the appropriate boxes below to designate any transactions to which the statement relates:
¨ third-party tender offer subject to Rule 14d-1.
x issuer tender offer subject to Rule 13e-4.
¨ going-private transaction subject to Rule 13e-3.
¨ amendment to Schedule 13D under Rule 13d-2.
Check the following box if the filing is a final amendment reporting the results of the tender offer: ¨
If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:
¨ Rule 13e-4(i) (Cross-Border Issuer Tender Offer)
¨ Rule 14d-1(d) (Cross-Border Third Party Tender Offer)
On May 2, 2024, Monster Beverage Corporation (“Monster”) held an earnings conference call during which executives of Monster discussed that its board of directors determined that Monster should pursue initiating a cash tender offer to purchase its common stock. An excerpted transcript of the conference call containing discussion relating to the tender offer is included as Exhibit 99.1 to this Schedule TO.
Item 12. Exhibits
| Exhibit Number | Description | |
| 99.1 | Excerpted transcript of applicable portions of Monster’s First Quarter 2024 Earnings Call, dated May 2, 2024. |
Additional Information and Where to Find It
The attached exhibit does not constitute an offer to buy or the solicitation of an offer to sell common shares of Monster. The tender offer will be made only pursuant to an offer to purchase, letter of transmittal and related materials that Monster intends to distribute to its shareholders and file with the Securities and Exchange Commission (the “Commission”). Shareholders and investors should read carefully the offer to purchase, letter of transmittal and related materials because they will contain important information, including the various terms of, and conditions to, the tender offer. Shareholders and investors will be able to obtain a free copy of the tender offer statement on Schedule TO, the offer to purchase, letter of transmittal and other documents that Monster intends to file with the Commission at the Commission’s website at www.sec.gov or by calling the Information Agent (to be identified at the time the offer is made) for the tender offer. Shareholders are urged to carefully read these materials prior to making any decision with respect to the tender offer.
