---
schema_version: "secwatch.filing_event.v1"
accession: "0000829224-25-000027"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:42:24.932263+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Starbucks warns shareholders against Tutanota mini-tender offer at $88/share

## Summary
- Tutanota offers to buy up to 500,000 SBUX shares (0.04% outstanding) at $88.00, conditioned on closing price above $88.00.
- Starbucks does not endorse offer; recommends rejecting due to below-market risk and financing contingencies.
- Shareholders who tendered can withdraw any time before May 12, 2025 5:00 PM ET; Tutanota has made similar offers before.
- Mini-tender offers avoid SEC protections for >5% offers; SEC has warned investors about such tactics.

## SEC filing metadata
- accession: 0000829224-25-000027
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000082922425000027/0000829224-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000082922425000027/sbux-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-25-000027
- JSON: https://secwatch.observer/filing/0000829224-25-000027.json
- Plain text: https://secwatch.observer/filing/0000829224-25-000027.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
