Silverlake

Silverlake: Intelligentsia, the controlling shareholder of Silverlake has sold $50m shares, approx 2.39% of outstanding shares at $0.32 through a married trade. This reduces Intelligentsia’s stake to 80.93% from 83.32%. The reason of the placement was to increase the free float and improve the trading liquidity of the company’s shares. This is the probable reason for it being in top volume with >50m traded