Index Rebal Trades & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with 10+ years experience in fundamental and event-driven research.

On Smartkarma, I mainly publish insights on index flow events. This includes predicting regular and intra-review index changes and formulating market-neutral trading strategies based on flow catalysts. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Index Rebal Trades & Special Situations

Tokyo Kikai Seisakusho (6335) - Shareholders Approve Poison Pill

TOPIX Inclusion: Bull-Dog Sauce (2804) Is SUPER GREEN

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<ul>
<li>Japan-Based advertising/marketing services company <a href="https://www.smartkarma.com/entities/hakuhodo-dy-holdings-inc" target="_blank" data-smartkarma-citation="entities:8736:1" rel="noopener">Hakuhodo Dy Holdings (2433 JP)</a> launched a Tender Offer to acquire all the shares in small-cap digital marketing company <a href="https://www.smartkarma.com/entities/soldout-inc" target="_blank" data-smartkarma-citation="entities:35570:1" rel="noopener">SoldOut (6553 JP)</a> on 9th February 2022.</li>
<li>The TOB Price is ¥1,809 per share in cash which translates to an implied market capitalization of ¥19.5bn (~US$170mn) for the Target company - a 101% premium to previous close.</li>
<li>The Tender Offer has a minimum acceptance condition and is expected to be completed in March 2022. Below is a closer look at the Deal Details.</li>
</ul>


Japan-Based advertising/marketing services company Hakuhodo Dy Holdings (2433 JP) launched a Tender Offer to acquire all the shares in small-cap digital marketing company SoldOut (6553 JP) on 9th February 2022.
The TOB Price is ¥1,809 per share in cash which translates to an implied market capitalization of ¥19.5bn (~US$170mn) for the Target company - a 101% premium to previous close.
The Tender Offer has a minimum acceptance condition and is expected to be completed in March 2022. Below is a closer look at the Deal Details.


博報堂DYによるソールドアウト（6553 JP）への高プレミアムTOB - デジタルホールディングス（2389）の起爆剤となる可能性

Digital Holdings Inc

博報堂DYによるソールドアウト（6553 JP）への高プレミアムTOB - デジタルホールディングス（2389）の起爆剤となる可能性