Plateau Energy Metals (PLU.V) – Merger Arbitrage – 27%+ Upside
Current Price: C$0.74
Offer Price: C$0.94+
Upside: 27%+
Expected Closing: April/May 2021
Author Archives: Ilja
Great Canadian Gaming (GC.TO) – Merger Arbitrage – 6% Upside
Current Price: C$37.24
Offer Price: C$41.00 (expected)
Upside: 10%
Expiration Date: TBD
Redflex Holdings (RDF.AX) – Merger Arbitrage – 6% Upside
Current Price: A$0.87
Offer Price: A$0.92
Upside: 6%
Expected Closing: May 2021
QMX Gold (QMX.V) – Merger Arbitrage – 9% Upside
Current Price: C$0.30
Offer Price: C$0.33
Upside: 9%
Expected Closing: late March/early April 2021
Hunters Property (HUNT.L) – Merger Arbitrage – 16% Upside
Current Price: £0.67
Offer Price: £0.78
Upside: 16%
Expected Closing: March 2021
Sogou (SOGO) – Going Private Transaction – 9% Upside
Current Price: $8.26
Offer Price: $9.00
Upside: 9%
Expected Closing: mid-2021
Zagg (ZAGG) – Merger Arbitrage & CVR – 7% Upside
Current Price: $4.17
Offer Price: $4.20 + $0.25 in CVR
Upside: 7%
Expected Closing: Q1 2021
Enzo Biochem (ENZ) – Activism and Potential Sale – 84% Upside (Uncertain)
Current Price: $2.99
Target Price: $5.51 (uncertain)
Upside: 84%
Expiration Date: TBD
Newater Technology (NEWA) – Going Private – 6% Upside
Current Price: $3.44
Offer Price: $3.65
Upside: 6%
Expected Closing: Q2 2021
Ossen Innovation (OSN) – Going Private – 12% Upside
Current Price: $4.57
Offer Price: $5.10
Upside: 12%
Expected Closing: H1 2021
Orca Exploration (ORC-B.V) – Odd Lot Tender Offer – C$40 Upside
Current Price: C$6.10
Offer Price: C$6.50-C$7.50
Upside: C$40 (tendering 99 shares at the lower limit)
Expiration Date: 20th of January
CCUR Holdings (CCUR) – Reverse Stock Split – $300 Upside
Current Price: $2.96
Offer Price: $3.06
Upside: $300 (for 2999 shares)
Expiration Date: TBD
Prevail Therapeutics (PRVL) – Merger Arbitrage & CVR – 15% Upside
Current Price: $23.08
Offer Price: $22.50 + $4.00 in CVR
Upside: 15% (589% on CVR investment)
Expected Closing: Q1 2021
Asaleo Care (AHY.AX) – Expected Higher Offer – Upside TBD
Current Price: A$1.30
Current Offer: A$1.26 (higher bid expected)
Upside: TBD
Expiration Date: TBD
China XD Plastics (CXDC) – Going Private – 10% Upside
Current Price: $1.09
Offer Price: $1.20
Upside: 10%
Expiration Date: 7th February 2021