PAC pacific current group limited

VPC investments merge into a new entity - benefits VPC Specialty Lending and some VPC Funds vehicle

  1. 3,133 Posts.
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    Hi All

    On Friday night VPC announced the following Corporate Activity:
    https://www.victoryparkcapital.com/news/2024/06/21/juvo-plus-cap-hill-brands-dragonfly-and-moonshot-brands-complete-four-way-merger-forming-infinite-commerce/

    The benefit is that the VPC Specialty Lending vehicle VSL:LON, asset valuations are confirmed as accurate and its net asset value of 78p is solid. The current share price is 44p, so this news is very welcome. VPC own a large portion of VSL:LON, I think 20%+. This will mean reported net assets on PAC's balance sheet will increase as they liquidate this holding over the next two years (VSL:LON has a life of 24 months now).

    Note: I hold VSL:LON

    Best of Luck
    Lost
    Last edited by lost: 24/06/24
 
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