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

Adways (2489 JP) - Really, Really Big News for a SmallCap

Quiddity Advisors

Event-Driven

<ul>
<li>On 11 November 2021, mobile ad platform provider <a href="https://www.smartkarma.com/entities/adways-inc" target="_blank" data-smartkarma-citation="entities:14696:1" rel="noopener">Adways Inc (2489 JP)</a><a href="https://ir.adways.net/irnews/20211111_222D3s.pdf" target="_blank" rel="noopener">announced</a> a placement of treasury shares, and a small new share issuance to Hakuhodo DY totalling 3.6mm shares.</li>
<li>On 1 December 2021, the company announced a buyback of up to 6 million shares between here and May 2022.</li>
<li>That sets up an interesting offset of accretion and squeeze. And details matter.</li>
</ul>


On 11 November 2021, mobile ad platform provider Adways Inc (2489 JP)announced a placement of treasury shares, and a small new share issuance to Hakuhodo DY totalling 3.6mm shares.
On 1 December 2021, the company announced a buyback of up to 6 million shares between here and May 2022.
That sets up an interesting offset of accretion and squeeze. And details matter.


アドウェイズ（2489 JP） - 希薄化前の株式配置と新たな増価的な大規模な自社株買い