Current Price: $0.265
Offer Price: $0.353 (in stock)
Upside: 33%
Expected Closing Date: H2 2022
Merger
Genesis Metals (GIS.V) – Merger Arbitrage – 26% Upside
Current Price: C$0.145
Offer Price: C$0.18
Upside: 26%
Expected Closing Date: July 2022
Cumulus Media (CMLS) – Merger Arbitrage – Upside TBD
Current Price: $14.70
Offer Price: $15-$17 (with potential to be increased)
Upside: TBD
Expiration Date: Q2 2022
LXP Industrial Trust (LXP) – Merger Arbitrage/Increased Offer – Upside 6%+
Current Price: $15.16
Offer Price: $16.00 (potentially increased)
Upside: 6%+
Expiration Date: TBD
Soliton (SOLY) – Merger Arbitrage – 10% Upside
Current Price: $20.52
Offer Price: $22.60
Upside: 10%
Expected Closing Q4 2021
Verso (VRS) – Expected Higher Offer – Upside 18%
Current Price: $20.33
Expected Offer: $24.00 (updated, see Nov comments)
Upside: 18% (expected)
Expiration Date: TBD
The ExOne Company (XONE) – Merger Arbitrage – 9% Upside
Current Price: $23.48
Offer Price: $25.5
Upside: 9%
Expected Close: Q4 2021
Isabella Bank (ISBA) – Tender Offer And Potential M&A Target – Upside TBD
Current Price: $25.75
Offer Price: $23.00 – $27.00
Upside: $123 (for odd lots at upper limit)
Expiration Date: 13th of October 2021
IGE+XAO (IGE.PA) – Expected Better Offer – Upside TBD
Current Price: €262
Target Price: TBD
Upside: TBD
Expiration date: Q4 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