This Amendment No. 7 (Amendment) amends and supplements the Tender Offer
Statement on Schedule TO (together with any amendments and supplements hereto, the Schedule TO) filed with the Securities and Exchange Commission (the SEC) by CTI Acquisition Corp., a Delaware corporation (the
Offeror), Creation Technologies International Inc., a Delaware corporation (Parent), and Alan E. Goldberg (Mr. Goldberg), an individual affiliated with certain private
equity funds managed by Goldberg Lindsay & Co. LLC, some of which are the beneficial owners of a controlling interest in Parent and Offeror. The Schedule TO relates to the offer by the Offeror to purchase all of the issued and outstanding
shares (Shares) of common stock, par value $0.01 per share (the Common Stock) of IEC Electronics Corp., a Delaware corporation (the Company) at a purchase price of $15.35 per Share (the
Offer Price), in cash, net of applicable withholding, without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated August 26, 2021 (the Offer to Purchase), and in
the related Letter of Transmittal (the Letter of Transmittal which, together with the Offer to Purchase, as each may be amended or supplemented from time to time, collectively constitute the Offer), copies of
which are annexed to and filed with the Schedule TO as Exhibits (a)(1)(A) and (a)(1)(B), respectively. Information set forth in the Offer to Purchase is incorporated herein by reference in response to Items 1 through 9 and Item 11 in the Schedule TO
and is supplemented by the information specifically provided in the Schedule TO. The Agreement and Plan of Merger, dated as of August 12, 2021, by and among Parent, the Offeror, Creation Technologies Inc., a Delaware corporation
(Guarantor) and the Company (as it may be amended from time to time, the Merger Agreement), a copy of which is attached as Exhibit (d)(1) hereto, is incorporated herein by reference with respect to Items 4
through 11 of the Schedule TO. Unless otherwise indicated, any references to sections in this Schedule TO are references to sections of the Offer to Purchase.
This Amendment is being filed to amend and supplement Items 1 through 9 and Item 11, as reflected below.
Items 1 through 9 and Item 11.
The Offer to Purchase
and Items 1 through 9 and Item 11 of the Schedule TO are hereby amended and supplemented as follows:
At 5:00 p.m., New York City time, on
October 4, 2021, the Offer expired as scheduled. Offeror was advised by the depository for the Offer that, as of the expiration of the Offer, a total of 7,731,697 Shares (excluding Shares with respect to which notices of guaranteed delivery
were delivered) were validly tendered and not validly withdrawn pursuant to the Offer, representing approximately 72.5% of the outstanding Shares as of the expiration of the Offer. In addition, the depository advised that notices of guaranteed
delivery have been delivered with respect to 372,889 additional Shares, representing approximately 3.5% of the outstanding Shares as of the expiration of the Offer.
The number of Shares tendered pursuant to the Offer satisfied the Minimum Tender Condition to the Offer. All conditions to the Offer having been satisfied,
Offeror irrevocably accepted for payment, and expects to promptly pay for, all Shares validly tendered and not validly withdrawn pursuant to the Offer.
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