I haven’t really followed NOTE very much and never held (until this morning).
I see the comment in the results yesterday that says “Separately, the Company announced its Board of Directors (the “Board”) has established a Special Committee in response to statements made by the Company’s CEO and Co-founder, Tim Hwang, regarding his interest in putting together a consortium to explore a potential go-private transaction”.
Benzinga says that there is 36% shorts in the company so any bid could cause a short squeeze. I’d be interested in other people’s views