Schedule 14D-9 tender offer solicitation and recommendation statements
Schedule 14D-9 statements in which a target company's board recommends shareholders accept, reject or stay neutral on a tender offer.
curl -H "Authorization: Bearer $SECFEED_KEY" \ "https://secfeedapi.com/v1/filings?query=formType:%22SC%2014D9%22&size=2"
import os, requests
r = requests.get(
"https://secfeedapi.com/v1/filings",
params={'query': 'formType:"SC 14D9"', 'size': '2'},
headers={"Authorization": f"Bearer {os.environ['SECFEED_KEY']}"},
)
print(r.json())What is SC 14D9?
When a company becomes the subject of a tender offer, its board must tell shareholders what it thinks. Schedule 14D-9 carries that recommendation, the reasons behind it, the background of the negotiations and the financial advisor's analysis.
In friendly deals the 14D-9 contains the most detailed history of how the transaction came together. In hostile ones it is the target's main defense document.
The subject company of a third-party tender offer, and others who make recommendations to its shareholders.
Within 10 business days after the tender offer commences, with amendments for material changes.
Filings per year
Every SC 14D9 filing on EDGAR, counted from the SecFeed index, amendments included. Updated daily.
What is inside
| Section | Contents |
|---|---|
| Recommendation | Accept, reject, neutral or unable to take a position. |
| Background of the offer | Chronology of contacts and negotiations. |
| Reasons | Factors the board considered. |
| Opinion of financial advisor | Fairness opinion and valuation analyses. |
| Golden parachutes | Payments to executives triggered by the deal. |
Get SC 14D9 data with SecFeed
Search the filings with formType:"SC 14D9", read any document as text or PDF, and use these APIs for structured data:
One feed of SEC M&A filings: merger proxies, S-4 and F-4, Rule 425 communications, tender offers, 14D-9 responses and going private.
EDGAR Filing Query APISearch every SEC EDGAR filing since 1993 with Lucene-style queries over ticker, CIK, form type, filing date, company, SIC and 8-K items.
Latest SC 14D9 filings
| Company | Form | Filed | |
|---|---|---|---|
| ACV Auctions Inc. | SC 14D9/A | 2026-10-08 | EDGAR ↗ |
| ACV Auctions Inc. | SC 14D9/A | 2026-10-01 | EDGAR ↗ |
| Yatra Online, Inc. | SC 14D9/A | 2026-09-30 | EDGAR ↗ |
| ACV Auctions Inc. | SC 14D9/A | 2026-09-29 | EDGAR ↗ |
| STURM RUGER & CO INC | SC 14D9 | 2026-09-28 | EDGAR ↗ |
| Cadeler A/S | SC 14D9 | 2026-09-22 | EDGAR ↗ |
| Yatra Online, Inc. | SC 14D9/A | 2026-09-21 | EDGAR ↗ |
| ACV Auctions Inc. | SC 14D9 | 2026-09-17 | EDGAR ↗ |
Use cases
- Read deal backgrounds and fairness analyses
- Track board recommendations in hostile offers
- Collect change in control payments
Related forms
Schedule TO-T tender offer statements filed by bidders buying shares directly from a target's shareholders, with every amendment since 2000.
DEFM14AMerger proxy statementsEvery DEFM14A definitive merger proxy and PREM14A preliminary merger proxy since 1994: deal terms, background, fairness opinions and projections.
SC 13E3Going privateSchedule 13E-3 going private statements: buyouts by controlling holders, management or sponsors with fairness disclosures since 1994.
FAQ
When must a target file a 14D-9?
Within 10 business days after the tender offer begins.
Every SC 14D9 filing, one API call away
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