Monday, September 20, 2021

Sogou Arb Play

Picked up a little bit of Sogou at $9.86. Today, BNY Mellon, Sogou’s ADS sponsor issued a Corporate Action release stating that the shares will be cancelled on 09/22/21. The payout will be $9.95 (taking into the account of the $0.05 ADR fee). A nice little low / no risk return…


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