Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

Today, TSE MOTHERS-listed small-cap healthcare company <a href="https://www.smartkarma.com/entities/24396" target="_blank" data-smartkarma-citation="entities:24396:1">Kanamic Network (3939 JP)</a> announced it would conduct a tachiaigai bunbai offering of 400,000 shares on a date between August 16th and August 21st. This is a $150mm market cap with limited float. The 'real event' isn't for months. It is expensive and could be volatile in the meantime. This insight is less bullish the price and more interested in the event as an interesting opportunity. If not interested, please stop here.Each buyer would be…

Today, TSE MOTHERS-listed small-cap healthcare company Kanamic Network (3939 JP) announced it would conduct a tachiaigai bunbai offering of 400,000 shares on a date between August 16th and August 21st. This is a $150mm market cap with limited float. The 'real event' isn't for months. It is expensive and could be volatile in the meantime. This insight is less bullish the price and more interested in the event as an interesting opportunity. If not interested, please stop here.Each buyer would be…

Kanamic (3939 JP) - Tachiaigai Bunbai Aiming at TOPIX Inclusion