Adobe warns shareholders against unsolicited mini-tender offer by Tutanota LLC

ADOBE INC.

Tutanota LLC offers to buy up to 100,000 ADBE shares at $500/share, conditional on ADBE closing above $500 on last trading day before expiration.
The offer covers less than 0.01% of outstanding shares; Adobe recommends shareholders do not tender and can withdraw until April 8, 2022.
Tutanota can extend the offer for successive 45-180 day periods, delaying payment; SEC has cautioned about such mini-tender offers.

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