(1) A bidder making a bid for securities of an unlisted company must give the target a notice stating the bidder's voting power in the target if, at a particular time during the bid period, the bidder's voting power in the target rises from below a percentage in the following list to that percentage or higher:
(2) The notice must be given as soon as practicable, and in any event within 2 business days, after the rise in voting power occurred. (3) The target must: