The recently completed Frontera offer (which was revised to remove the preferential treatment for odd lot holders after filing) demonstrated the benefit of the live discussion we have in our comment section on open offers, as many subscribers had questions and opinions to share about the offer terms and changes made to them. We have decided to set up a X account to make discussion of and updating on live offers easier in future.

We will use the X account to post notifications of new tender offers & other special situations posted to the site, where is it easier to share and discuss offers and strategy in the thread.

We will likely provide more frequent updates and commentary, such as reminders for offers nearing expiry, that we don’t currently email to the mailing list (we appreciate people get too many emails these days) via the X account.

If that is of interest to you please follow us on X at https://x.com/OddLotArbitrage. The existing site email notifications for new offers and significant changes to offers will remain the same.

Frontera have announced that they will be removing the preferential acceptance of odd lot tenders from the filed terms of the offer originally published here. There will no longer be any additional benefit to odd lot holders participating in the offer.

2021 hasn’t had many odd lot tender offers priced well enough to be worth trading so far, so we haven’t sent out many notifications recently.

We try and keep unnecessary update emails to a minimum, but we’ve had a few inquiries as to whether we are still updating the site as a result, so to update – we are still checking for new offer announcements and will be providing notifications on new deals as they arise as normal. We’ll update if that changes.

We’ve made some categorization changes and added Canadian tender offers to the site. Please note that due to taxes extra due diligence should be undertaken when participating in Canadian tender offers.

We continue to invite feedback and suggestions for coverage by comment or email to admin@oddlotarbitrage.com

We are considering expanding coverage to similar arbitrage special situations in countries other than the US, such as Canada and Australia, if there is sufficient demand.

If there is a particular country and situation you are interested in, please let us know at admin@oddlotarbitrage.com so that we can gauge demand.