GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation; phone verification, and data maintenance services. The identity segment includes document verification, data verification and identity investigation services. Its identity verification solutions can be configured to carry out a wide range of functions, including know your customer checks, anti-money laundering checks, age verification checks and liveness detection. The fraud segment includes transaction fraud monitoring, combating origination fraud and in-life fraud investigation services. It provides artificial intelligence powered screening for automatic onboarding or referral of customers.

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GB Group Ord Shs > If you tender, you can't sell

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Post by MartialArtson Feb 25, 2018 8:26pm

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Post# 27618491

If you tender, you can't sell

Two very important factors you want to keep in mind:

1. Once you tender, you can't sell over the market since you have committed your shares to Aurora as part of the tender process. Unless you try to untender them, which is not certain and might leave you in "limbo", if you want to decide before tendering if you want to lock up before the "take up date" set at March 9th

2. The "take-up" date was cleverly set as totally flexible by Aurora. Yes, they said March 9th but they do stipulate they can accelerate or extend it.

As I mentioned, this is not an easy decision. I'm on the fence on this one.

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