Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Nitro Software: Potentia Matches KKR's $2.00/Offer

Nitro Software: Potentia Still In The Mix As DD Granted

Nitro Software: KKR's Offer Unconditional. This Is Potentia's For The Taking

Quiddity Advisors

Event-Driven

<ul>
<li>After Alludo stated its $2.15/share Offer price was ‘best and final’, even if a superior proposal emerges, the ball was in Potentia's court to just sneak in above those terms.</li>
<li>And so they have, with a $2.17/share unconditional Offer for <strong><a href="https://www.smartkarma.com/entities/nitro-software-ltd" target="_blank" data-smartkarma-citation="entities:30943:1" rel="noopener">Nitro (NTO AU)</a></strong>, increasing to $2.20 if they get to 75% interest, and $2.25 if ≥25% tendering opt for scrip.</li>
<li>Expect Nitro's board to announce its unanimous support for Potentia's revised Offer. Expect Alludo to cash in as tendering nears 75%. </li>
</ul>


After Alludo stated its $2.15/share Offer price was ‘best and final’, even if a superior proposal emerges, the ball was in Potentia's court to just sneak in above those terms.
And so they have, with a $2.17/share unconditional Offer for Nitro (NTO AU), increasing to $2.20 if they get to 75% interest, and $2.25 if ≥25% tendering opt for scrip.
Expect Nitro's board to announce its unanimous support for Potentia's revised Offer. Expect Alludo to cash in as tendering nears 75%. 


Nitro Software: Potentia's Tiered-Bump. Expect Alludo To Cash In

Nitro Software Ltd

Nitro Software: Potentia's Tiered-Bump. Expect Alludo To Cash In