RTX Corporation (NYSE:RTX) disclosed that it has received an unsolicited “mini-tender” offer from Tutanota to purchase up to 500,000 shares of RTX common stock at $130 per share.
The offer represents less than 0.04% of the company’s outstanding shares and is subject to several conditions, including that RTX’s closing stock price exceeds $130 on the last trading day before the offer expires and that Tutanota successfully obtains financing.
The offered price of $130 per share is approximately 24.02% below RTX’s closing price of $171.10 on December 5, 2025, and about 31.72% below the January 6, 2026 closing price of $190.40.
RTX stated that it does not endorse the offer and recommends that shareholders reject it and not tender any shares.
The company noted that shareholders who have already tendered shares may withdraw them prior to the offer’s expiration.
RTX also cautioned that mini-tender offers of this size typically provide fewer investor protections than larger tender offers subject to broader regulatory oversight.
The Tutanota offer is currently scheduled to expire at 5:00 p.m. Eastern Standard Time on January 12, 2026, unless extended.