- Pareteum (TEUM +0.7%) has extended a tender offer for all outstanding shares of iPass (IPAS +2.8%) due to the government shutdown.
- That's caused delays with Pareteum's registration statement.
- The tender is now set to expire at 5 p.m. New York City time on Feb. 12.
- As of the end of Friday, some 4,949,254 shares were validly tendered, about 58.7% of outstanding iPass shares.