Inactive ideas

Active ideas

Inactive ideas

Nikola (NKLAW) – Capital Structure Arbitrage – 26% Upside

Current Price: $34.52 (warrant price + exercise price)

Estimated Return: $43.65

Upside: 26%

Exercise Date: 6th of July, 2020

EV Municipal Bond Fund (EIM) – Tender Offer – 6% Upside

Current price: $12.27

Tender Price: $13.13

Upside: 6%

Expiration Date: 17th of May, 2019

GrainCorp (GNC.AX) – Merger Arbitrage – 15%+ Upside

Current Price – A$9.01

Acquisition Price – A$10.42

Upside – 15%

Expiration Date – TBD (expected in 2019)

Xenith IP Group (XIP.AX) – Bidding War – 10%+ Upside

Current price: A$1.92

Merger Consideration: A$2.02

Upside: 5% (with likely overbid)

Expiration Date: TBD

OncoMed Pharmaceuticals (OMED) – Merger Arbitrage – 65%+ Upside

Current price: $0.77

Merger Consideration: $1.26

Upside: 63%

Expiration: expected H1 2019

Top Image Systems (TISA) – Merger Arbitrage – 5% Upside

Current price: $0.82

Offer Price: $0.86

Upside: 5%

Expiration Date: April 2019

IDM Mining (IDM.V) – Merger Arbitrage – 13% Upside

Current Price – C$0.06

Merger Consideration – C$0.068

Upside – 13%

Expected Closing – March 2019 (shareholder vote on the 8th of Feb)

LeadFX (LFX.TO) – Going Private – 7% Upside

Current Price – C$0.94

Cash-out Price – C$1.00

Upside – 7%

Expiration Date – Oct 2018

Brookfield Property REIT (BPR) – Tender Offer – 8% Upside

Current Price – $19.37

Tender Price – $19.0 – $21.0

Upside – 9% (if priced at the upper limit)

Expiration Date – March 25th, 2019

Brookfield Property Partners (BPY) – Tender Offer – 9% Upside

Current Price – $19.3

Tender Price – $19.0 – $21.0

Upside – 9% (if priced at the upper limit)

Expiration Date – March 25th, 2019

American Midstream (AMID) – Merger Arbitrage – 15% Upside

Current Price – $3.90

Acquisition Price – $4.5

Upside – 15%

Expiration Date – Q2 2019

Emblem (EMC.V) – Merger Arbitrage – 16% Upside

Current Price – C$1.03

Acquisition Price – C$1.19

Upside – 16%

Expiration Date – TBD

Healthscope (HSO.AX) – Merger Arbitrage – 14% Upside

Current Price – A$2.26

Acquisition Price – A$2.585

Upside – 14%

Expiration Date – TBD (shareholder vote expected in Q2 2019)

Neo Performance Materials (NEO.TO) – Merger Arbitrage – 12% Upside

Current Price – C$15.15

Acquisition Price – C$17.05

Upside – 11%

Expiration Date – TBD (expected H1 2019)

Sigma Healthcare (SIG.AX) – Merger Arbitrage – 14% Upside

Current Price – A$0.56

Merger Consideration – A$0.63

Upside – 14%

Expiration Date – TBD (expected mid 2019)

Special Situations

in your inbox

Subscribe today for timely notifications on special situation investments.

You can unsubscribe at any time