IsZo Capital Provides Update on Nam Tai''s Appeal of Voided Private Placement
Hearing Pertaining to Nam Tai''s Appeal of Eastern Caribbean Supreme Court''s March 2021 Ruling Against the Company has Concluded Eastern Caribbean Court of Appeal Recognized the Matter''s Urgency and Indicated it Will Render a Decision as Soon as Possible IsZo Capital Management LP (together with its affiliates, "IsZo"), which beneficially owns approximately 13.1% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP ) ("Nam Tai" or the "Company"), today provided an update regarding the Company''s appeal to the Eastern Caribbean Court of Appeal (the "Court of Appeal") of the Eastern Caribbean Supreme Court''s (the "Court") ruling against Nam Tai, Kaisa Group Holdings Limited''s (HKG: 1638) ("Kaisa") wholly-owned subsidiary Greater Sail Limited and West Ridge Investment Company Limited. The Court''s March 2021 ruling voided Nam Tai''s $170 million private placement and found that the Company''s Board of Full story available on Benzinga.com
IsZo Capital Provides Update on Nam Tai''s Appeal of Voided Private Placement
Hearing Pertaining to Nam Tai''s Appeal of Eastern Caribbean Supreme Court''s March 2021 Ruling Against the Company has Concluded Eastern Caribbean Court of Appeal Recognized the Matter''s Urgency and Indicated it Will Render a Decision as Soon as Possible IsZo Capital Management LP (together with its affiliates, "IsZo"), which beneficially owns approximately 13.1% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP ) ("Nam Tai" or the "Company"), today provided an update regarding the Company''s appeal to the Eastern Caribbean Court of Appeal (the "Court of Appeal") of the Eastern Caribbean Supreme Court''s (the "Court") ruling against Nam Tai, Kaisa Group Holdings Limited''s (HKG: 1638) ("Kaisa") wholly-owned subsidiary Greater Sail Limited and West Ridge Investment Company Limited. The Court''s March 2021 ruling voided Nam Tai''s $170 million private placement and found that the Company''s Board of Full story available on Benzinga.com