Tender Offer With ‘Odd-Lot’ Type Priority — €500+ Upside
Quick Pitch: LENSAR (LNSR)
Buyout With a CVR: 23% Upside (at $13.63/share)
Guest Pitch: NZME Limited (NZM:AX)
SOTP value unlock — 35%+ upside (at A$1.1/share)
Guest Pitch: SAGA Pure (SAGA:OL)
Mandatory Bid/Privatization (at 1.31 NOK/share)
Quick Pitch: Checkpoint Therapeutics (CKPT)
Free CVR (at $3.99)
Quick Pitch: Paragon 28 (FNA)
Free CVR (at $13.01)
Pan American Silver (PAASF) – CVR – 100% Upside
Current Price: $0.82
Offer Price: $1.65 (updated, see comment below)
Upside: 100%
Expiration Date: Q1 2029
Flexion Therapeutics (FLXN) – CVR – Multi-bagger Upside
Current Price: $0.77 (CVR only)
Offer Price: $3.70
Upside: 380%
Expiration Date: December 2030
SiriusPoint (SSPCF) – CVR Trade – 11% Upside
Current Price: $12.38 ($5.25 SSPCF + $7.13 for partial SPNT)
Offer Price: $13.73
Upside: 11%
Expiration Date: February 26th, 2023
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