IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Weekly Deals Digest (12 Jul) - Archion, Kakaku, Dentsu, Shengmu, Dida, Accent, Steadfast, Vault

Vault Minerals (VAU AU): Regis Walks as Genesis Emerges as the Winner

Vault Minerals (VAU AU): Genesis Scheme Heads to 11 November Vote with Completion Risk Low

Vault Minerals (VAU AU): Regis Resources’ Strategically Sensible Merger

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Global Equity Research Ltd

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Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/genesis-minerals-ltd" target="_blank" data-smartkarma-citation="entities:4650:1" rel="noopener">Genesis Minerals (GMD AU)</a> announced a competing scheme offer for <a href="https://www.smartkarma.com/entities/vault-minerals-ltd" target="_blank" data-smartkarma-citation="entities:46317:1" rel="noopener">Vault Minerals Ltd (VAU AU)</a>. The consideration is 0.7629 GMD shares per VAU share, plus A$0.475 in cash per share. </li>
<li>Since the <a target="_blank">Regis Resources (RRL AU)</a> offer announcement, the Genesis offer has been, on average, 10.4% higher than the Regis offer (9.0% at the last close).</li>
<li>The Board has deemed Genesis's offer superior. Regis has until 13 July to match Genesis’ offer. There are factors for and against Regis engaging in a bidding war. </li>
</ul>



Genesis Minerals (GMD AU) announced a competing scheme offer for Vault Minerals Ltd (VAU AU). The consideration is 0.7629 GMD shares per VAU share, plus A$0.475 in cash per share. 
Since the Regis Resources (RRL AU) offer announcement, the Genesis offer has been, on average, 10.4% higher than the Regis offer (9.0% at the last close).
The Board has deemed Genesis's offer superior. Regis has until 13 July to match Genesis’ offer. There are factors for and against Regis engaging in a bidding war. 


Vault Minerals (VAU AU): Genesis Emerges with a Competing Superior Proposal