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 26 years of covering Asia Pacific equities, the past 20 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

Qoria (QOR AU)'s Solid 1H26 Results. Limited Colour On Aura's Backdoor Listing

Quiddity Advisors

Event-Driven

<ul>
<li>
<strong><a href="https://www.smartkarma.com/entities/qoria-ltd" target="_blank" data-smartkarma-citation="entities:30531:1" rel="noopener">Qoria (QOR AU)</a></strong> has <a href="https://announcements.asx.com.au/asxpdf/20260202/pdf/06vwfwn5h3qyc3.pdf" target="_blank" rel="noopener">announced</a> a scrip merger with unlisted Boston-based Aura, to form an enlarged digital safety play under the ASX-ticker AXQ. </li>
<li>Scrip terms  - 17.2 QOR shares per AXQ share - will result in QOR shareholders holding 35% of the enlarged entity on a fully diluted basis. </li>
<li>A merger makes sense. Both companies sell software to schools and parents offering "digital seatbelts". There may, however, be a question mark over the reliability of the indicative Offer price. </li>
</ul>



Qoria (QOR AU) has announced a scrip merger with unlisted Boston-based Aura, to form an enlarged digital safety play under the ASX-ticker AXQ. 
Scrip terms  - 17.2 QOR shares per AXQ share - will result in QOR shareholders holding 35% of the enlarged entity on a fully diluted basis. 
A merger makes sense. Both companies sell software to schools and parents offering "digital seatbelts". There may, however, be a question mark over the reliability of the indicative Offer price. 


Aura's Scrip Offer For Qoria (QOR AU) And Backdoor Listing