Author added to their $LIB.c position on the dip and notes the company completed a $12.5M private placement.
Unpriced research observations (excluded from Calls and Returns):
LIB.CN — LONG The author added a few thousand shares of LIB on the dip and highlights that the company successfully completed a private placement raising 12.5 million dollars. The capital raise is framed as a positive development supporting the position. No explicit risk or time horizon is stated. resolved_asset_type_mismatch
Another week in the books, added a few thousand shares on the dip this week. Lib successfully preformed their private placement for proceeds of 12.5 million dollars.