---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-136240"
form_type: "8-K"
ticker: "BAC"
cik: "0000070858"
company_name: "BANK OF AMERICA CORP /DE/"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:23:22.415932+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Bank of America advises shareholders to reject Tutanota's $40/share mini-tender offer for up to 1M shares

## Summary
- Tutanota LLC offers $40/share for up to 1M BAC shares (0.01% of outstanding) under a conditional mini-tender.
- Offer price conditioned on BAC stock closing above $40 on last trading day before expiration; otherwise below-market.
- Expiration scheduled May 31, 2024, but Tutanota can extend by 45-180 days; financing condition also applies.
- Bank of America not affiliated with Tutanota; similar mini-tender offers by Tutanota occurred in 2021 for BAC.
- SEC has warned investors about mini-tender offers; shareholders may withdraw tendered shares before expiration.

## SEC filing metadata
- accession: 0001193125-24-136240
- form_type: 8-K
- ticker: BAC
- cik: 0000070858
- company_name: BANK OF AMERICA CORP /DE/
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70858/000119312524136240/0001193125-24-136240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000119312524136240/d806842d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-136240
- JSON: https://secwatch.observer/filing/0001193125-24-136240.json
- Plain text: https://secwatch.observer/filing/0001193125-24-136240.txt

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