K1 Venture

Latest update is that the offer has received acceptances representing approx. 76.08% of issued shares. (Below the 90% threshold required to take the CO. private) Recall that the grp plans to delist the co, although a few analysts have advised against shareholders in accepting the deal, citing that K1 Ventures investments are starting to mature, and that the offer price does not reflect the true intrinsic value of the value of its investments. So based on the current situation, while shareholders could get to hold on to their shares, but the company stocks could become more illiquid (In come cases, to the point it is as good as a private company)