TBRD.V – Strategic Review – 33% Upside

FNCH – Strategic Review – Upside TBD

TYR.AX – Expected Higher Bid – 15% Upside

BATRA – Split-Off/Potential Takeover – 41% Upside

CNCE – CVR – Multibagger Upside on CVR

ELSE – Merger Arbitrage – 27%+ Upside

OABI – Forced Selling After Spin-Off – 140% Upside

ALBO – CVR – 5x Upside

AMYT – CVR – Multibagger Upside

CF.TO – Expected Buyout Price Increase – 8% Upside

SQZ.L – Activist Campaign – 40% Upside

WWE – Expected Buyout – Upside TBD

AAMC – Buyback Incentive – Upside TBD

RFP – CVR – 250% Upside

CBIO – Liquidation – 22% Upside

ISO – Merger Arbitrage – 6% Upside

SIOX – Liquidation – 25%+ Upside

OIIM – Chinese Privatisation – 10% Upside

SGA – Potential Company Sale – 25%+ Upside

DNTL.TO – Potential Buyout – Upside TBD

CBIO – Liquidation – 29% Upside

BBXIA – Price Pullback Post Tender Offer – 8% Upside

SPNE – Merger Arbitrage – 21% Upside

UNVR – Potential Buyout – 31% Upside

TRQ.TO – Merger Arbitrage and Appraisal Rights

TBRD.V – Activist Campaign/Potential Sale

SCU – Strategic Review/Potential Sale – Upside TBD

GSMG – Chinese Take-Private

LMN.SW – Activist Campaign/Potential Sale

SO.PA – Expected Tender Price Increase

CCRD – Potential Buyout

OYST – Merger Arb & CVR

WGO.AX – Potential Bidding War

ACQ.TO – Tender Offer

AIMC – Merger Arbitrage – 9% Upside

0273.HK – Merger Arbitrage – 20%+ Upside

IMO.TO – Odd-Lot Tender Offer – $1100 Upside

AKUS – Merger Arbitrage & CVR – Upside TBD

LMST – Merger Arbitrage – 5% Upside

NTO.AX – Potential Bidding War- Upside TBD

SCHL – Odd Lot Tender Offer – $260 Upside

GNX.AX – Merger Arbitrage – 25% Upside

SIOX – Strategic Review – 50% Discount To Net Cash

SOT-UN.TO – Strategic Review/Activist Campaign – Upside TBD

TBPH – Odd Lot Tender Offer – $75 Upside

PMCB – Strategic Review/Activist Pressure – 37% Upside

GFF – Strategic review – Upside TBD

B – Merger Arbitrage – 90%+ Upside

DXC – Potential Takeover – 64% Upside

AGF-B.TO – Odd Lot Tender Offer – C$75 Upside

ZVO – Liquidation – 200% Upside

CANO – Potential Takeover – 58% Upside

XX.V – Potential Takeover – 60%+ Upside

OIIM – Chinese Privatisation – 25% Upside

KNBE – Merger Arbitrage – 15% Upside

LSF – Merger Arbitrage – 67% Upside

MN – Merger Arbitrage – 5% Upside

VNET – Merger Arbitrage – 36% Upside

SGA – Potential Takeover – 22% Upside

PRPL – Non-Binding Takeover Interest – 11% Upside

DMS – Privatization By Management – 20% Upside

BOCH.L – Merger Arbitrage – 15%+ Upside

VLNS – Merger Arbitrage – 8% Upside

TNA.V – Merger Arbitrage – 6.5% Upside

APE – Share Class Arbitrage – 69% Upside

IMRA – Strategic Review – 58% Upside

SWKH – Potential Takeover – 24% Upside

AGS – Merger Arbitrage/Potential Higher Offer – 21%+ Upside

ATCO – Expected Higher Bid – 16% Upside

IS – Merger Arbitrage – 27% Upside

LOTZ – Merger Arbitrage – 40% Upside

KINS – Potential Sale / Activist Pressure – 30%+ Upside

KLTR – Merger Arbitrage – 16%+ Upside

ANGN – Net-Net / Strategic Review – 34% Upside

HSBI – Merger Arbitrage – 5% Upside

URF.AX – Liquidation – 100% Upside

IMRA – Strategic Review – 100% Upside

RPID – Merger Arbitrage – 9%+ Upside

RAP.AX – Merger Arbitrage – 27% Upside

RDUS – Merger Arbitrage With CVR – 12x Upside

NXDT – REIT Conversion – 40%-50% Upside

CBIO – Expected Liquidation – 16% Upside

MITO – Going Private – 7%+ Upside

RBCN – Cash Shell with a Tender Offer – 18x Upside

RFP – Merger Arbitrage with CVR – 32% Upside

FEC.TO – Odd Lot Tender Offer – 18% Upside

GSMG – Chinese Take-Private – 15% Upside