InsideArbitrage Event Driven Monitor – January 27, 2023

Quick updates on the event driven strategies we follow on InsideArbitrage.

Merger Arbitrage

1. Trean Insurance Group (TIG) announced the expiration of the waiting period under the HSR Act with respect to it’s pending transaction with Altaris Capital Partners.
2. invoX Pharma and F-star Therapeutics (FSTX) issued a statement, stating that they are actively negotiating with CFIUS regarding the definitive terms of a mitigation agreement in order to permit the removal of CFIUS’s Interim Order and the completion of the transaction by January 31, 2023.
3. Velodyne Lidar (VLDR) announced that the Special Meeting of Stockholders to approve the proposed merger with Ouster (OUST) was convened and adjourned without conducting any business. The Special Meeting will reconvene on February 3, 2023.

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