Current Price – $12;
Offer Price – $12.75 (for record holders of up to 299 shares);
Upside – $225 or 6% (for record holders holders of up 299 shares);
Expiration date – TBD (shareholder meeting date not yet set);
Current Price – $0.57;
Offer Price – $0.73 (for holders of up to 249 shares);
Upside – $40 (for holders of up 249 shares);
Expiration date – TBD (expected by the end of Feb);
Current Price – $1.0
Offer Price – $1.2
Upside – 20% or $200 for Odd Lot holders
Expiration date – not announced yet
Trading Strategy:
Buy 999 shares of HKFI and wait for reverse-split after the shareholder meeting.
Summary:
After careful consideration, our Board of Directors has concluded that the costs associated with being a public reporting company in the U.S. are not justified by the benefits. The primary purpose of the going private transaction is to reduce the number