Trending Assets
Top investors this month
Trending Assets
Top investors this month
Spec Sit: Latch $LTCH Trading Below Liquidation Value
TL;DR
  • Latch has been decimated from consistently delaying filings, laying off staff, and recently removing their CEO and CFO
  • Nasdaq sent a delisting notice and received an extension until August 4th to get its books in order
  • The company’s current price does not reflect the total value or even the liquidation value
  • Trading at $0.68/share, this company, even sold is worth much more even from the cash position alone

www.cedargrovecm.com
Spec Sit: Latch $LTCH Trading Below Liquidation Value
Listen now | Hi there, welcome to another post by Cedar Grove Capital Management and our first post sharing our thoughts on a special situation. If you enjoyed today’s post, please hit the heart button and consider our premium subscription.

Paul Cerro's avatar
$25.9MFollowers
Related
Already have an account?