Wednesday, June 19, 2019 6:46:45 PM
Associated Capital Group has been considering this spinoff of G.Research as per their latest 10Q: “The Board announced the formation of a special committee to negotiate a transaction involving the institutional research services business with a public company. The Board is also considering a possible sale or spin-off of this business to its shareholders. There are no assurances that a transaction will result.”
Filing
I don’t know why they would want to take a small $8mil company public unless maybe they have other plans such as merging other companies into the new public company. I have no idea, but just a thought.
From the G.Research website, they have about 30 employees. If the company has any big plans, maybe some buying will come in from friends and family? They may wait until deal has closed before buying in?
Website
Or maybe this research business is going downhill and they want to get rid of it!
NOT A REASON TO BUY/SELL, JUST MY SPECULATION. I OWN SHARES IN MGHL PURCHASED IN THE OPEN MARKET.
Recent MGHL News
- Form 15-15D - Suspension of duty to report [Section 13 and 15(d)] • Edgar (US Regulatory) • 01/12/2024 09:01:18 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 11/29/2023 09:05:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/27/2023 09:05:39 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 10:04:38 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 01:58:14 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 09:13:55 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/17/2023 08:08:21 PM
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM