Transcontinental Realty Investors, Inc. Extends Limited Tender Offer for Income Opportunity Realty Investors, Inc. Shares to January 29, 2025
Tender Offer Extension: Transcontinental Realty Investors, Inc. has extended the expiration date for its tender offer to purchase shares of Income Opportunity Realty Investors, Inc. from January 15, 2025, to January 29, 2025, with all terms remaining unchanged.
Investor Information: Stockholders of Income Opportunity Realty Investors are encouraged to review the tender offer documents filed with the SEC and can contact D.F. King & Co., Inc. for additional information regarding the offer.
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Financial Performance: Transcontinental Realty Investors reported a revenue of US$12.2 million, a 2.3% increase from the previous quarter, but net income dropped by 89% to US$169,000, resulting in a profit margin decrease to 1.4% and earnings per share (EPS) falling to US$0.02.
Market Insights: The company's shares have risen by 4.7% over the past week, although there is one warning sign identified for potential investors to consider before making investment decisions.

Financial Performance: American Realty Investors, Inc. reported a net loss of $0.2 million for Q4 2024, an improvement from a $2.1 million loss in Q4 2023, with total occupancy at 81% and a decrease in rental revenues due to lower commercial property occupancy.
Recent Developments: The company completed a significant lease at Stanford Center, secured a construction loan for a new multifamily property in Dallas, settled long-standing litigation for $23.4 million, and sold single-family lots for a gain of $1.1 million.

Tender Offer Announcement: Transcontinental Realty Investors, Inc. announced a tender offer to purchase up to 100,000 shares of Income Opportunity Realty Investors, Inc. at $18 per share, with 21,128 shares validly tendered by the expiration date of January 29, 2025.
Company Background: Both Transcontinental Realty and Income Opportunity Realty are Dallas-based real estate investment companies, with TCI holding a diverse portfolio of equity real estate and IOR focusing on notes receivable and direct equity ownership in real estate.

Tender Offer Announcement: Transcontinental Realty Investors, Inc. has extended its tender offer to purchase up to 100,000 shares of Income Opportunity Realty Investors, Inc. at $18 per share until January 29, 2025, with at least 126,915 shares tendered as of the initial expiration date.
Company Background: Both Transcontinental Realty and Income Opportunity Realty are Dallas-based real estate investment companies involved in various real estate investments, including direct ownership and partnerships, with relevant tender offer materials available for stockholders.

Stock Market Overview: U.S. stock futures rose slightly, with the Dow gaining around 0.1%, while several stocks, including Southwest Airlines, experienced significant declines due to various factors such as lawsuits and financial results.
Notable Stock Movements: Southwest Airlines shares fell 3% following a lawsuit for delayed flights, and other companies like Transcontinental Realty Investors and C&F Financial Corporation saw steep pre-market drops of 31.8% and 15.3%, respectively.

TSMC Financial Performance: Taiwan Semiconductor Manufacturing Company (TSMC) reported a 57% year-over-year increase in net profit for the fourth quarter, reaching a record T$374.68 billion ($11.38 billion), leading to a 4.7% rise in its stock price during pre-market trading.
Pre-Market Stock Movements: Several stocks experienced significant changes in pre-market trading, with notable gainers including SOBR Safe, Inc. (+83.1%) and Powell Max Limited (+67.8%), while Transcontinental Realty Investors, Inc. saw the largest decline at -31.8%.





