secwatch.observer — SEC 8-K summary
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Issuer:     Sandisk Corp (SNDK)
CIK:        0002023554
Form:       8-K
Filed at:   2026-05-15T00:10:29+00:00
Accession:  0001193125-26-224694
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sandisk warns shareholders against Tutanota mini-tender offer at $1,150/share
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- Tutanota LLC offered to buy up to 100,000 Sandisk shares (<0.07% of outstanding) at $1,150/share.
- Offer price is conditioned on SNDK closing above $1,150 on the last trading day before expiration; otherwise price is below market.
- Expiration set for 5:00 p.m. ET on May 20, 2026, with possible extensions of 45–180 days.
- Sandisk does not endorse the offer and recommends stockholders take no action; SEC has flagged similar mini-tender risks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2023554/000119312526224694/0001193125-26-224694-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2023554/000119312526224694/d157363d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-224694

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