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Bullboard - Stock Discussion Forum Westaim Corp V.WED

Alternate Symbol(s):  WEDXF

Financial Services Asset Management
The Westaim Corporation is an investment company, which specializes in providing long-term capital to businesses operating within the global financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to... see more

TSXV:WED - Post Discussion

Westaim Corp > Charge Enterprises
View:
Post by enjoytheride on Mar 27, 2024 2:32pm

Charge Enterprises

Arena could end up owning Charge Enterprises once it emerges fro Chapter 11.
 https://dm.epiq11.com/case/cej/dockets/5,%207,%208,%209,%2051,%2053,%2054,%2055,%2059,%2066
Comment by Tim2Agami on May 03, 2024 5:23pm
And so it came to pass NEW YORK, May 3, 2024 /PRNewswire/ -- Arena Investors, LP (and its affiliates, collectively, "Arena"), a global institutional asset manager with approximately $3.5 billion of invested and committed assets under management, today announced that it has recapitalized Charge Enterprises, Inc. (NASDAQ: CRGE) ("Charge" or the "Company ...more  
Comment by enjoytheride on May 04, 2024 1:37pm
Could be huge. What is not clear to me is how much of the Charge equity is attributable to the Westaim / Arena proprietary capital and how much to third parties invested in funds managed by Arena. Will have to wait and see.  SKWD just reported great numbers. WED is a sleeper for sure. 
Westaim Corp
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