Avid Bioservices Inc (CDMO)

[EndoTarget]

Institutional Shares (Long) 71,568,313 - 112.74% (ex 13D/G)

Question to this board...:

How do you explain this?

2024-05-15 13F Newtyn Management, LLC 1,500,000 NEW
2024-05-15 13F AYAL Capital Advisors Ltd 1,050,000 NEW

AYAL Capital Advisors is a Toronto-based investment management firm. We employ a value-oriented approach to identify mispriced small and mid-cap North American companies. Our guiding principle is capital preservation.

Newtyn Management is a value-oriented investment firm founded in 2011 whose primary objective is to generate above-average risk-adjusted returns while maintaining low net exposure to overall financial market performance. The Firm, based in New York City, generally focuses on U.S. equity securities, but has the expertise and flexibility to take advantage of investment opportunities across the capital structure, regardless of jurisdiction. The Firm frequently seeks to capitalize on special opportunities that may arise from a corporate restructuring, bankruptcy or liquidation, proposed merger, acquisition or divestiture, or a new public offering. Newtyn employs a rigorous, bottom-up approach to investing, coupled with vigilant risk management and patience in times of scarce opportunity.