Efecte

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In case someone ever digs through old listed companies via the forum’s excellent chronological threads, let’s save the termination of coverage statement here. Inderes Efecten osake poistui pörssistä ja seurantamme on päättynyt - Inderes European BidCo 24 Oy on saanut omistusoikeuden...
The delisting process is moving forward - from this step, it took Basware about 1.5 months to confirm the right of redemption and ~2 months for the delisting, while for Avidly it was about 1 month and 1 month. So if things proceed accordingly, the process could be completed around...
The arbitration award was issued on 23.09, it becomes legally binding on 22.11, and the money must be paid within a month, i.e., by 22.12 at the latest, if/when the decision is not appealed. The acquirer can, of course, pay as soon as tomorrow if they want, so the final payment date...
I inquired a bit regarding the redemption of Efecte and received this response: “I can’t say anything more yet other than that this process is progressing quite quickly. The arbitrator is currently preparing their award in this matter. The arbitral tribunal aims to issue the arbitral...
As Critter already replied, the shares must be paid for by December 22nd at the latest. With the interest payment obligation in effect, this seems to be the longest period from the suspension of trading to the payment of the shares. However, according to basic math, interest has ...
I haven’t asked since then, but it hasn’t happened yet. But with prices falling, maybe it’s just better this way
So, probably at least within this year🙂 Good things are worth waiting for.
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