Event-Driven Investment Opportunities, Special Situation Investments

Dalius Tauraitis

Event-Driven Investment Opportunities

Special Situation Investments

Focus on event-driven trades and low risk arbitrage opportunities with short term catalysts

Event-Driven

<ul><li>OCI N.V. (OCI:AS) will close its third asset sale next week, potentially announcing a €14.5/share dividend.</li><li>Liquidia (LQDA) saw a 10% share price increase after the Supreme Court rejected UTHR’s patent appeal.</li><li>Finch Therapeutics Group (FNCH) could see enhanced damages from Ferring Pharmaceuticals due to willful patent infringement.</li></ul>

OCI N.V. (OCI:AS) will close its third asset sale next week, potentially announcing a €14.5/share dividend.Liquidia (LQDA) saw a 10% share price increase after the Supreme Court rejected UTHR’s patent appeal.Finch Therapeutics Group (FNCH) could see enhanced damages from Ferring Pharmaceuticals due to willful patent infringement.

SSI Newsletter Highlights: OCI Asset Sale, BOOM Review, LQDA Patent Win, MSTR Premium

External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Equity Bottom-Up

<ul><li>OCI N.V. is selling off assets to focus on a more streamlined operation and benefit from energy transition trends</li><li>The sale of OCI's stake in Fertiglobe to ADNOC for $3.62 billion was a result of pressure from Inclusive Capital, led by Jeffrey Uben</li><li>The company will have a strong net cash position and is positioned to capitalize on future opportunities at a low multiple of normalized EBITDA</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

OCI N.V. is selling off assets to focus on a more streamlined operation and benefit from energy transition trendsThe sale of OCI's stake in Fertiglobe to ADNOC for $3.62 billion was a result of pressure from Inclusive Capital, led by Jeffrey UbenThe company will have a strong net cash position and is positioned to capitalize on future opportunities at a low multiple of normalized EBITDAThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Oci N.V. (OCI NA) - Tuesday, Jan 30, 2024

<ul><li>Galaxy Gaming is being acquired by Evolution AB for $3.20/share, with a 17% spread and minimal regulatory hurdles.</li><li>OCI N.V. plans a $1bn capital return in H1 2025, equating to 40% of its market cap.</li><li>Benson Hill's buyout spread widened to 60% due to liquidity issues and ongoing buyout negotiations nearing completion.</li></ul>

Galaxy Gaming is being acquired by Evolution AB for $3.20/share, with a 17% spread and minimal regulatory hurdles.OCI N.V. plans a $1bn capital return in H1 2025, equating to 40% of its market cap.Benson Hill's buyout spread widened to 60% due to liquidity issues and ongoing buyout negotiations nearing completion.

SSI Weekly: Galaxy Gaming Acquisition and Other Portfolio Updates

<ul><li>VIZIO faces antitrust concerns with Walmart acquisition; FTC scrutiny and potential challenges could impact deal closure and stock price.</li><li>Microstrategy trades at a 200%+ NAV premium, historically unsustainable, with potential for reversion amid hedging opportunities.</li><li>Liquidia's drug commercialization delayed by competitor's legal actions; tentative FDA approval secured, pending exclusivity expiration in May 2025.</li></ul>

VIZIO faces antitrust concerns with Walmart acquisition; FTC scrutiny and potential challenges could impact deal closure and stock price.Microstrategy trades at a 200%+ NAV premium, historically unsustainable, with potential for reversion amid hedging opportunities.Liquidia's drug commercialization delayed by competitor's legal actions; tentative FDA approval secured, pending exclusivity expiration in May 2025.

Analyzing Active Portfolio Ideas: Antitrust, Asset Sales, Arbitrage, and Litigation Opportunities

<ul><li>SSI Tracking Portfolio decreased by 3.1% in October but is up 6.6% year-to-date, with detailed stock performance breakdown available.</li><li>Learning Technologies Group received multiple offers from General Atlantic, with a 10% spread remaining and a PUSU deadline on November 22.</li><li>Microstrategy plans a $42bn capital raise over three years to purchase more bitcoin, with a significant premium to NAV.</li></ul>

SSI Tracking Portfolio decreased by 3.1% in October but is up 6.6% year-to-date, with detailed stock performance breakdown available.Learning Technologies Group received multiple offers from General Atlantic, with a 10% spread remaining and a PUSU deadline on November 22.Microstrategy plans a $42bn capital raise over three years to purchase more bitcoin, with a significant premium to NAV.

SSI Weekly Newsletter: October Performance, Portfolio Updates, and Key Developments

Netherlands

OCI N.V. is a fertilizer producer with projects and investments in Europe, the Americas, the Middle East, and North Africa. The Company is also an engineering & construction contractor.

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OCI NV (OCI NA)

Oci N.V. (OCI NA) - Tuesday, Jan 30, 2024

The company will have a strong net cash position and is positioned to capitalize on future opportunities at a low multiple of normalized EBITDA

Value Investors Club

SSI Weekly: Galaxy Gaming Acquisition and Other Portfolio Updates

Galaxy Gaming is being acquired by Evolution AB for $3.20/share, with a 17% spread and minimal regulatory hurdles. Other updates follow.

Special Situation Investments

Analyzing Active Portfolio Ideas: Antitrust, Asset Sales, Arbitrage, and Litigation Opportunities

VIZIO faces antitrust concerns with Walmart acquisition; FTC scrutiny and potential challenges could impact deal closure and stock price.

Special Situation Investments

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SSI Newsletter Highlights: OCI Asset Sale, BOOM Review, LQDA Patent Win, MSTR Premium

OCI N.V. (OCI:AS) will close its third asset sale next week, potentially announcing a €14.5/share dividend. Liquidia (LQDA) saw a 10% share price...

Special Situation Investments

Oci N.V. (OCI NA) - Tuesday, Jan 30, 2024

The company will have a strong net cash position and is positioned to capitalize on future opportunities at a low multiple of normalized EBITDA

Value Investors Club

SSI Weekly: Galaxy Gaming Acquisition and Other Portfolio Updates

Galaxy Gaming is being acquired by Evolution AB for $3.20/share, with a 17% spread and minimal regulatory hurdles. Other updates follow.

Special Situation Investments

Analyzing Active Portfolio Ideas: Antitrust, Asset Sales, Arbitrage, and Litigation Opportunities

VIZIO faces antitrust concerns with Walmart acquisition; FTC scrutiny and potential challenges could impact deal closure and stock price.

Special Situation Investments

SSI Weekly Newsletter: October Performance, Portfolio Updates, and Key Developments

SSI Tracking Portfolio decreased by 3.1% in October but is up 6.6% year-to-date, with detailed stock performance breakdown available.

Special Situation Investments