Altaba Inc de-listed on the 2nd of October 2019. Since then the entity has been run as a liquidating closed end fund.
Altaba has made several distributions since 2019, however the amount left is now very little, just 20% of the original amount at the time of de-listing.
As a result, the liquidators on-going costs of operating the liquidation are likely to become a larger % of the remaining balance.
Southey Capital is willing to offer holders of the Altaba shares the option to monetise their shareholding and therefore not have to wait till the liquidator completes the process, which could last almost any amount of time.
The Altaba shares are identified buy the following identifiers.
Altaba Escrow Shares: US021ESC0175
Altaba Inc. US0213461017
Cusip: 021346101
WKN’s
BZBY4N6 DE
BZBY4Q9 PE
BZBY4T2 IT
BZBY4R0 CH
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