Current Price: A$0.33
Offer Price: A$0.36
Upside: 9%
Expected Closing: 1st of August’22
M&A
BlueCity (BLCT) – Going Private – 20%+ Upside
Current Price: $1.28
Offer Price: $1.55 (adj. by the ADS fee)
Upside: 20%+
Expected Closing Date: H2 2022
Link Administration (LNK.AX) – Merger Arbitrage – 10%+ Upside
Current Price: A$4.91 (updated, see comment below)
Offer Price: A$5.40+ (updated, see comment below)
Upside: 10%+
Expected Closing: TBD
Flexion Therapeutics (FLXN) – CVR – Multi-bagger Upside
Current Price: $0.77 (CVR only)
Offer Price: $3.70
Upside: 380%
Expiration Date: December 2030
Golden Predator Mining (GPY.V) – Merger Arbitrage – 22%
Current Price: C$0.135
Offer Price: C$0.165
Upside: 22%
Expected Closing: September 2021
New Carolin Gold (LAD.V) – Merger Arbitrage – 20% Upside
Current Price: C$0.08
Offer Price: C$0.096
Upside: 20%
Expected Closing: September 2021
Global Yachting Group (GYG.L) – Merger Arbitrage – 13% Upside
Current Price: £0.82
Offer Price: £0.925
Upside: 13%
Expected Closing: July, 2021
Magnachip Semiconductors (MX) – Merger Arbitrage – 19% Upside
Current Price: $24.45
Offer Price: $29.00
Upside: 19%
Expected Closing: H2 2021
Heritage Southeast Bancorporation (HSBI) – Merger Arbitrage – 9% Upside
Current Price: $24.78
Offer Price: $27.00
Upside: 9%
Expected Closing: Q4 2021/early 2022
Sunnyside Bancorp (SNNY) – Merger Arbitrage – 7% Upside (Updated)
Current Price: $14.60
Offer Price: $15.55 (updated to $20)
Upside: 7% (updated to 10%)
Expected Closing: Q4 2021