InvestorsHub Logo
Followers 8
Posts 216
Boards Moderated 0
Alias Born 06/25/2021

Re: ANTI-BAGHOLDER post# 795

Tuesday, 06/29/2021 10:02:18 PM

Tuesday, June 29, 2021 10:02:18 PM

Post# of 1835


I talked to IR today at http://hughestoolcompany.com. The company is in a funding round for $500M to be concluded by next week. The investment bankers are fast-tracking a public introduction thereafter. No date given. Initial valuation for the company is $10B.

Further, using $REPO is only one of four options in consideration. It is neither likely nor unlikely. Only two options were discussed. The second is an IPO. The third and fourth were not revealed. It is possible the company may stay private.

Those private investors who are a part of the $500M fund round stand to make a 10,000% return.

A qualified investor must be liquid with $1M or more to participate in the current funding round. Call IR at 617-990-2200 and ask for Cleon.

The round will close next week.