NFI Group Inc T.NFI

Alternate Symbol(s): NFYEF | T.NFI.DB

Industrials Business Equipment

NFI Group Inc. is a Canada-based independent bus and coach manufacturer. The Company specializes in zero-emission electric mass mobility solutions. Its segments include Manufacturing Operations and Aftermarket Operations. Manufacturing Operations segment includes design, manufacture, service and support of new transit buses, motor coaches, medium-duty, cutaway buses, and installation of infrastructure for electric vehicles and fiberglass reinforced polymer components. It offers aftermarket parts for transit buses, coaches and medium duty/cutaway buses, both for the Company's and third-party products. It offers a range of sustainable drive systems, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. The Company's brands include New Flyer (heavy-duty transit buses), MCI (motor coaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motor coaches), and ARBOC (low-floor cutaway and medium-duty buses).

TSX:NFI - Post by User

NFI Group Inc

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Post by JohnSPon Aug 15, 2020 9:47am

278 Views

Post# 31412292

He's Back - Director Gary Adams (AKA Coliseum Capital)

NFI released Q2 results on Thu Aug 6 before bell, after which blackout for insiders is off.

8 days later on Aug 14, Gary Adams on behalf of his Coliseum Capital)bought 150,300 more shares. This brings hiscompany's position up to 4,405,746 shares, this brings Coliseum up to 7% of NFI's outstanding shares.

Why did he wait 8 days, and what was the blackout period before announcing quarterly results again? TIA.

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