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

Elon Gets a Boost From Friends For His Twitter Buyout—And Takes *Some* Of The Heat Off Himself

Elon's Trying To Get Out Of Buying Twitter—As We Knew He Would

Elon Buys 9.2% of Twitter, and Starbucks Suspend $20B Buyback Program

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/twitter-inc" target="_blank" data-smartkarma-citation="entities:667:1" rel="noopener">Twitter Inc (TWTR US)</a> announced a poison pill in a press release Friday with details in an <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/a286d5af-613e-47a2-bfb2-97fb2423dd5c.pdf" target="_blank" rel="noopener">8-K</a> Monday. It will dividend out one right/share on record date 25 April. </li>
<li>The right would allow Rightsholders, under certain conditions, to purchase $420 of shares for $210. That number is not a coincidence. </li>
<li>Some will get upset by this, but there is a lot of fine print. And I review how the poison pill fits into Delaware hostile defence standards.</li>
</ul>



Twitter Inc (TWTR US) announced a poison pill in a press release Friday with details in an 8-K Monday. It will dividend out one right/share on record date 25 April. 
The right would allow Rightsholders, under certain conditions, to purchase $420 of shares for $210. That number is not a coincidence. 
Some will get upset by this, but there is a lot of fine print. And I review how the poison pill fits into Delaware hostile defence standards.


Twitter Launches Its Poison Pill - Now We Wait