Optimum Subsidiary CSC Investments II Expects To Buy 120M Optimum Class A Shares From 254,956,213 Tendered At $2.50/Share In $300M Tender Of

CSC Investments II LLC, a Delaware limited liability company ("CSC Investments II"), and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU ) ("Optimum"), today announced the preliminary results of its tender offer, which expired at 5:00 p.m., New York City time, on June 30, 2026. Based on the preliminary count by Equiniti Trust Company, LLC, the depositary for the tender offer (the "Depositary"), a total of approximately 254,956,213 shares of Optimum’s Class A Common Stock, par value $0.01 per share (each share of Optimum’s Class A Common Stock, a "Share," and collectively, the "Shares"), were validly tendered and not validly withdrawn at the purchase price of $2.50 per Share, which includes 20,062,734 Shares that were tendered through notice of guaranteed delivery. In accordance with the terms and conditions of the tender offer and based on the preliminary count b...