Weekly Deals 02/22/26

1. OKX sign-up bonus + Deposit match
$200 deposit bonus + 5% deposit match
Details

2. Yext, Inc (YEXT) Odd lot tender
$22-97 per person/entity
Details

3. Update on Docebo, Inc. Odd lot
$325 USD per person/entity*
Details

4. Southwest Credit Cards Companion Pass + Points
Companion Pass and 20-40k SW Points worth $250-500
Details

5. United upping card member benefits
Details

1. OKX sign-up bonus + Deposit match

OKX is now also offering a 5% match up to $50k on top of a $200 deposit bonus. I would not put more than a $1k here as there is always a chance that OKX goes under, but a $200 bonus plus a 5% deposit match and 2-3% on your cash is a decent deal. OKX also recently changed the deal so that it pay out every 14 days (5% divided by your holding period), so you can always park and then withdraw the matched cash for a partial uplift in interest.

Note the OKX is licensed in 37 states with Nevada, New York and Texas being notable exceptions for the moment.

Reposting my previous commentary on the OKX $200 bonus:

OKX is a crypto exchange like Coinbase or Kraken. It is currently offering a $200 sign-up bonus (paid in USDG, convertible to cash) if you use my link above, deposit $200, make a trade of $200 or more worth of crypto, then maintain the balance for 90 days. It appears as if buying a stable coin like USDG works, but to be safe you can buy $200 of another coin such as Ethereum and then just trade out of it. You can also refer your spouse who will also receive $200 and you will get $200 extra, bringing your total to $600 in bonuses ($200X2 + $200) on $400 in deposits!

In general I hate crypto, but this is an easy bonus and you aren’t taking any directional risk. In crypto there is always a risk the exchange itself goes down, but that seems unlikely given OKX’s scale. In the interest of full disclosure OKX is huge outside of the US, but has had anti-money laundering regulatory issues here. It is allegedly in the process of doing an IPO in the US and has undergone more regulation. Learn more about it here. Given the total amount being risked is $200 to make $200 plus any referral bonuses you rack up, I think it is worth the miniscule risk the exchange goes under.

2. Yext, Inc (YEXT) Odd lot tender

Yext Inc. (YEXT) currently has a tender offer where it is offering to buy back its stock at $5.75-$6.50 a share, but the stock currently trades at $5.53 a share. The offering also has an “odd-lot preference” that means if you own 99 shares or less you will not be “prorated”. Your entire 99 shares will be purchased at $5.75-6.50 on March 12th. See the guide I previously wrote on the process of buying, electing, and profiting from an odd-lot tender.

Yext has interesting recent history where a management buyout at $9 failed and the tender is for roughly 25% of the whole company, so as is always the case with tender offers, there is a chance it gets pulled. It is therefore not a risk-free trade, but rather a low-risk trade. Also note that each person or entity can have an account and participate separately in a tender offer. For example, your children, trusts, and company are all separate legal entities and can participate in the tender offer and each receive the odd-lot preference.  

Odd lot process:

1. Identify a company that is issuing a modified Dutch tender auction with an odd lot provision.
2. Purchase 99 of the tendering company’s shares.
3. Wait until the stock is trading below the bottom of the tender price range. For example if the tender price range is $100-105 wait until the shares are trading at $99.99 or less. The lower the stock is below the bottom of the tender offer the greater your profit, but you may miss on the opportunity to tender if it only briefly dips below the bottom of the tender range and you wait for it to fall further. Note that if your broker charges a “voluntary actions” fee such as E-Trade (charges $38) you have to ensure that you buy at a price that takes into account the fee. Similarly you need to deduct any potential commissions.
4. Elect the tender at the bottom of the tender range or tender at no specified price.
5. In some cases you may want to wait until a few days out from the tender as there is always a possibility that the stock will rise above the top of the tender range. However some brokers have arbitrary deadlines for tenders so it may make sense to tender so you don’t forget and then change the instruction later if the stock exceeds the top of the range and you want to sell. When a tender is extremely popular the broker may set a far out deadline that can be a week or more out from the tender so they can deal with it administratively. 
6. You will receive the proceeds from the tender in your account as cash.

3. Update on Docebo, Inc. Odd lot

Two weeks ago, I mentioned the Docebo tender offer. Since that time the stock price has fallen to $17.15 USD/$23.47 CAD and is still subject to a $20.40 USD tender offer that will take place on March 10^th. The stock fell because their largest shareholder is going to tender into the offer necessitating a $30m drawdown on their credit facility, but it appears as if the tender offer and odd-lot preference are unchanged. As I mentioned last week, as a Canadian company there are additional complications here and unless you are buying it in Canadian dollars at Interactive Brokers in an IRA, you probably shouldn’t be doing this trade as it will create tax complications (foreign tax withholding and credits) that aren’t usually worth the hassle. As with all tender offers, there is always a chance the offer gets pulled.

Original post from February 9^th:

 Docebo Inc. is undertaking a tender offer at a price $20.40. The stock is currently priced at $19.43. The tender offer has an odd lot provision, meaning shareholders with 99 or less shares will have all of their shares repurchased at $20.40. You therefore make roughly $96 per account that does this trade. Please review my guide to odd lot tenders before attempting this. As a Canadian company there are additional complications here and unless you are buying it in Canadian dollars at Interactive Brokers in an IRA, you probably shouldn’t be doing this trade as it will create tax complications that aren’t worth the hassle.

4. Southwest Credit Cards Companion Pass + Points

Plus/Premier/Priority

Sign-up bonus: Companion pass through February 28, 2027 + 20k/30k/40k Southwest points. Southwest points are worth about 1.2-1.3 cents each so the value of the points is roughly $250-500.

Annual Fee: $99/$149/$229

Requirements: $3k/$4k/$5k

Earnings: 2x/3x/4x on Southwest. Plus 2x at gas stations and grocery up to $5k, Premier 2x at grocery and restaurants up to $8k, Priority 2x gas stations and restaurants.

Other benefits: 3k/5k/7.5k points earned on your cardmember anniversary. 0/1,500/2,500 tier qualifying points towards A-list status for every $5k spent annually, all cards 25% back on inflight purchases, Plus standard seat selection within 48 hours of departure, Premier/Priority standard or preferred seat selection, all first checked bag free, all group 5 boarding, all 10k qualifying points towards Companion Pass

Deal Expiration: February 28, 2026

This is an okay deal and worth pursuing if you really want a Companion Pass and frequently fly Southwest. The Companion Pass lets someone else such as your spouse or child fly for free with you (not including taxes or fees). Normally you  need to get 135k qualifying points to get a Companion Pass, but you get it the year you obtain it and the next year. For example, if you earned the pass in March 2026 you would have it through December 31, 2027. Under this deal you only get the companion pass for 1 year ending February 28, 2027. There have been recent offers of 85k and 120k points (business card) that got you close to 135k points, but it is otherwise difficult and not worth it to organically spend your way to a Companion Pass.  

5. United upping card member benefits

Although I generally don’t think United cards are the best return on spend/a credit inquiry, they have decent use cases especially for people that live near a United hub. United just increased the rewards cardmembers earn on flights and decreased them for everyone else.