IsZo Capital Provides Update Regarding Status of Lawsuit to Invalidate Nam Tai’s Dilutive Private Placement
IsZo Capital Management LP (together with its affiliates, “IsZo”), which beneficially owns approximately
The trial in the Eastern Caribbean Supreme Court concluded on February 24, 2021, and we have been advised to expect a ruling in early March.
Following the Court’s ruling, IsZo intends to provide a subsequent update to shareholders. We invite shareholders to visit www.FixNTP.com to review IsZo’s statement of claim and other relevant materials.
Shareholders interested in learning more about IsZo’s action and the overall Special Meeting process should contact our solicitor, Saratoga Proxy Consulting, at info@saratogaproxy.com or (212) 257-1311. We also encourage shareholders to learn more about our slate and its strategic vision by visiting www.FixNTP.com.
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1 Based upon 39,197,991 shares outstanding immediately prior to the disputed private placement.
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