Newater Technology (NEWA) – Going Private – 6% Upside
Current Price: $3.44
Offer Price: $3.65
Upside: 6%
Expected Closing: Q2 2021
Tag Archives: Going Private
China XD Plastics (CXDC) – Going Private – 10% Upside
Current Price: $1.09
Offer Price: $1.20
Upside: 10%
Expiration Date: 7th February 2021
Acorn International (ATV) – Going Private – 11% Upside
Current Price: $13.70
Offer Price: $15.22
Upside: 11%
Expected Closing: TBD
Cellular Biomedicine Group (CBMG) – Going Private – 7% Upside
Current Price: $18.49
Offer Price: $19.75
Upside: 7%
Expected Closing: Q4 2020
SORL Auto Parts (SORL) – Going Private – 8% Upside
Current price: $4.37
Cash-out Price: $4.72
Upside: 8%
Expiration Date: expected in Q2 2020
LeadFX (LFX.TO) – Going Private – 7% Upside
Current Price – C$0.94
Cash-out Price – C$1.00
Upside – 7%
Expiration Date – Oct 2018
RMG Networks (RMGN) – Going Private – 6% Upside
Current Price – $1.2
Merger Consideration – $1.27
Upside – 6%
Expiration Date –TBD
China New Borun (BORN) – Going Private – 30% upside
Current Price – $1.29
Acquisition Price – $1.67
Upside – 30%
Expiration Date – TBD
Surrey Bancorp (SRYB) – Going Private Transaction – $225 return for record holders
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);
Deer Valley Corp (DVLY) – Going Private Transaction – $40 upside
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);
Hancock Fabrics (HKFI) – Going Private Transaction – $200 Gain – Cancelled
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