DRIVE SHACK INC. OFFER TO PURCHASEOffer to Purchase • October 16th, 2024
Contract Type FiledOctober 16th, 2024Drive Shack Inc. (“we” or the “Company”) is offering to purchase (such transaction, the “Offer to Purchase”), upon the terms and subject to the conditions set forth in this Offer to Purchase (such document, including Appendix A hereto, this “Offer”) and in the related letters of transmittal (as applicable for each series of Preferred Stock (as defined below) and each holder, the “Letter of Transmittal”) all of the outstanding shares of the following series of its preferred stock for the consideration (as applicable for each series of Preferred Stock and each holder, the “Preferred Stock Consideration”) defined below: