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

[Japan M&A/Activism] Soft99 Board Comes Out Against Effissimo Bid 66% Above MBO Price

[Japan M&A/Activism] Soft99 Plummets, Rebounds, Activist Rebuts, KeePer Lab Holds, MBO Extends

[Japan M&A/Activism] Soft99 Board Rebuts Effissimo's Rebuttal. Still An Awful "Fiduciary" Response

[Japan M&A] 99Soft MBO at 52% Premium Is Too Light But A Bump May Be Tough

[Japan M&A/Activism] SOFT99 MBO Sees Activist EffissimoOverbid by 66%! Will This Set New Precedent?

Quiddity Advisors

Event-Driven

<ul>
<li>Yesterday, <a href="https://www.smartkarma.com/entities/soft99-corp" target="_blank" data-smartkarma-citation="entities:18486:1" rel="noopener">Soft99 Corp (4464 JP)</a> announced a slight change in its "Target Opinion Document" after the MBO Bidco extended its TOB by 8 days the day before. </li>
<li>The detail was not in the MBO Bidco extension. It was just revealed in an added note on p3 of the Target Opinion. </li>
<li>That details matters A LOT to people looking at the Effissimo Overbid. The company's Board has some serious work ahead. </li>
</ul>


Yesterday, Soft99 Corp (4464 JP) announced a slight change in its "Target Opinion Document" after the MBO Bidco extended its TOB by 8 days the day before. 
The detail was not in the MBO Bidco extension. It was just revealed in an added note on p3 of the Target Opinion. 
That details matters A LOT to people looking at the Effissimo Overbid. The company's Board has some serious work ahead. 


[Japan M&A/Activism] The Nagging Little Detail In the Soft99 MBO Extension Target Doc