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GSUM - Gridsum Holding Special Situation Buyout Arbitrage Has 15.7% Upside
October, 20 2020 09:20 AM
Gridsum Holding Inc.
Management led private buyout of GSUM provides an arbitrage opportunity. An absolute gain of 15.7% (> 31% annualized yield rate) is available based on the arbitrage-market spread. The board of directors approved deal still awaits shareholder approval and is scheduled to close in first quarter 2021. For further details see:
Gridsum Holding Special Situation Buyout Arbitrage Has 15.7% Upside
Stock Information
Company Name:
Gridsum Holding Inc.
Stock Symbol:
GSUM
Market:
NASDAQ
Website:
gridsum.com
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