Current Price: £0.52
Target Price: £1.25 – £3.00
Upside: 2x – 6x
Expiration Date: TBD
Ambac Financial Group (AMBC) – Litigation – Potential for 100%+
Current Price: $13.8
Target Price: TBD
Upside: Potential for 100%+
Expiration Date: Fall 2022
Renren (RENN) – Litigation Settlement – 20%+ Upside
Current Price: $25
Target Price: $30
Upside: 20%
Expiration Date: Q1 2022
Ambase Corporation (ABCP) – Litigation Stub – 650% potential return
Current Price – $0.22
Potential Recovery – up to $1.43
Upside – up to 650%
Expiration Date – TBD
Forescout Technologies (FSCT) – Merger Arbitrage – 35% Upside
Current Price: $24.50
Offer Price: $33.00 (likely to be amended/terminated)
Upside: 35%
Expected Closing: TBD
EHi Car Services (EHIC) – Merger Arbitrage – 9%+ Upside
Current Price – $13.22
Merger Consideration – $13.5 and competing big at $14.5
Upside – 9%+
Expiration Date – Q3 2018
Boardwalk Pipeline Partners (BWP) – Unit Buyout – 14%+ upside
Current Price – $10.2
Merger Consideration – $11.6+
Upside – 14%+
Expiration Date – Aug, 2018