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

Smartpay (SPY NZ/SMP AU) Enters Into Scheme With Shift4

SmartPay (SPY NZ/SMP AU): 14th October Vote On Shift4's Offer

Quiddity Advisors

Event-Driven

<ul>
<li>On the 17th March, eftpos terminal provider <a href="https://www.smartkarma.com/entities/smartpay-holdings-ltd" target="_blank" data-smartkarma-citation="entities:20456:1" rel="noopener">Smartpay (SPY NZ/SMP AU)</a> <a href="https://announcements.asx.com.au/asxpdf/20250317/pdf/06gp7dxvfmgx7c.pdf" target="_blank" rel="noopener">announced</a> the receipt of two NBIOs</li>
<li>One from <a href="https://www.smartkarma.com/entities/tyro-payments-ltd" target="_blank" data-smartkarma-citation="entities:28393:1" rel="noopener">Tyro (TYR AU)</a> (@ <a href="https://announcements.asx.com.au/asxpdf/20250317/pdf/06gpjxnx520gqq.pdf" target="_blank" rel="noopener">NZ$1.00/share</a>) and one from a third party (believed to be <a href="https://www.smartkarma.com/entities/shift4-payments-inc" target="_blank" data-smartkarma-citation="entities:28965:1" rel="noopener">Shift4 (FOUR US)</a>). Both parties were granted a limited period of commercial due diligence. </li>
<li>After Shift4 (if indeed them) bumped terms to NZ$1.20/share/A$1.12/share, it was granted exclusivity on the 2nd May. Tyro has now walked. </li>
</ul>


On the 17th March, eftpos terminal provider Smartpay (SPY NZ/SMP AU) announced the receipt of two NBIOs
One from Tyro (TYR AU) (@ NZ$1.00/share) and one from a third party (believed to be Shift4 (FOUR US)). Both parties were granted a limited period of commercial due diligence. 
After Shift4 (if indeed them) bumped terms to NZ$1.20/share/A$1.12/share, it was granted exclusivity on the 2nd May. Tyro has now walked. 


Smartpay (SPY NZ/SMP AU) Enters Exclusivity With Shift4 (?) As Tyro Walks

SmartPay Holdings

Smartpay (SPY NZ/SMP AU) Enters Exclusivity With Shift4 (?) As Tyro Walks