I've read posts like yours Tim suggesting that Locke Capital, based in London and specializing in litigation funding, might be the potential funder. However, are you certain this is the company with which we've signed the term sheet?
From the AVZ announcement in November "Locke Capital I, LLC and its investment manager, Locke Capital Limited" Locke Capital I, LLC is based in the United States, as indicated by the "LLC" designation.
Locke Capital Limited is located in the Cayman Islands, as indicated by the use of "Limited" in its name, which aligns with the business naming conventions in the Cayman Islands.
Based on my understanding, the company in question is very small, with a handful of employees operating from Tulsa, Oklahoma, in the United States. They have a Squarespace website located at locke.com.
I could be mistaken, and if that's the case, I apologize. However, based on the terms used in the announcement, this is how it appears to me.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held
