Expected liquidation distribution: The Boardâs Plan of Liquidation and Dissolution projects a cash distribution of approximatelyâŻ$9.80 per share (subject to final netâassetâvalue adjustments).
Payment timing: The distribution is scheduled to be paid on or aboutâŻOctoberâŻ15,âŻ2025, once all securities have been sold, expenses settled and the final liquidation accounting completed.
Trading implications: With the liquidation amount now disclosed, the stock should trade at a discount or premium to the $9.80 target depending on market sentiment and the speed of the windâdown. In the short term, the price will gravitate toward the $9.80 level as the payment date approaches; any spread beyond typical bidâask variance presents a potential arbitrage opportunity for investors who can hold through the settlement date. Risk is limited to executionârelated costs and the modest chance that the final distribution could be adjusted downward if unexpected liabilities arise during the asset sales.