For your case, Farjoy put up $1.85M before VA was announced...

For your case, Farjoy put up $1.85M before VA was announced which would have required others to jointly put up only around $1M to expunge the CN ($2,5M plus interest) due on 7th Sepember. The other institutional funds apparently would not take part. If they had, additional funding would have then needed to be sought via CR or other i order to keep things going.

Unfortunately KPMG are not usually creative (from past experience) and will have completed stage 1 by 19/8/24. They will have assessed the financial status of NUH and will likely collude with management for an outcome before the next date of completion. After all, management selected them for this job. You (and others) should email Matthew Woods with your suggestion(s) because he will need to prove that his solution will provide the best outcome for shareholders. Whether Realtek are hostile or not, if the CN is settled by 7th September that ends the trigger but I suspect KPMG already have planned their course of action.