MMM 16.7% 3.0¢ marley spoon se

MSG more than doubled their conversion offering from 0.0128 to 0.033??

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    So I just received an email from Marley Spoon, and as usual, its unclear, but from my understanding they're increasing the conversion ratio from 0.0128 per share to 0.033. Am I wrong?

    Here is the email:
    On Monday 6 November 2023, Marley Spoon Group SE (previously known as 468 SPAC II SE, listed on the Frankfurt Stock Exchange and trading under ticker MS1.DE) (MSG), a significant shareholder of Marley Spoon, made an unconditional, off-market, direct tender offer to remaining Marley Spoon CDI holders to acquire their CDIs in exchange for 0.0128 class A shares in the capital of MSG quoted on the Frankfurt Stock Exchange (Offer Shares) per Marley Spoon CDI (Tender Offer). A tender offer document containing the terms and conditions of the Tender Offer was provided to eligible Marley Spoon CDI Holders on 6 November 2023 (Tender Offer Document).

    MSG advises that it has prepared a supplementary offer document pursuant to section 1019(2)(b) of the Corporations Act 2001 (Cth) (Supplementary Offer Document) because the market value of Marley Spoon CDIs has changed by more than 50% from the market value as stated in the Tender Offer Document, being $0.07. The market value of Marley Spoon CDIs as at the date of the Supplementary Offer Document is $0.033.

    How to access the Supplementary Offer Document
    1. ONLINE – The Supplementary Offer Document, Prospectus, and all other associated documents (including your personalised acceptance form) can be accessed via the following website: https://events.miraqle.com/msg-offer
 
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