Added to YB: 2025-04-15
Pitch date: 2025-04-13
SONM [bullish]
DNA X, Inc.
-87.96%
current return
Author Info
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Company Info
DNA X, Inc. provides cryptocurrency trading services worldwide. The company operates a cryptocurrency trading platform that allows users to trade and swap cryptocurrencies for other cryptocurrencies or cash-equivalent currencies.
Market Cap
$5.3M
Pitch Price
$26.82
Price Target
4.00 (+24%)
Dividend
N/A
EV/EBITDA
-1.98
P/E
-0.40
EV/Sales
N/A
Sector
Technology Hardware, Storage and Peripherals
Category
special_situation
Special Situation: take-private trading at 35% of tender price - Sonim Technologies, Inc.
SONM: Orbic offers $4/sh, 250% upside. Mgmt resists, diluting shares. Orbic+Lytton own 44.5%. Key risks: Orbic financing, board blocking vote, dilution. Downside -100% as co. near insolvent. Upside: deal acceptance pre-AGM or Orbic wins vote. Watch for AGM date, share count changes.
Read full article (11 min)