When management issued a 10% share stake to Andy for a paltry 4M USD, I thought this was an inducement or form of compensation to incentivize Anzu to find a buyer of Voxeljet. How naive I was. Anzu found a way to get Voxeljet over a barrel. Ingo quietly departs, the Rug is pulled out from under shareholders like me.
I have no idea. I don't see how the private equity companies get a return on their investment without keeping Voxeljet operating until a new buyer can be found. I don't believe for a minute they really have any long term aspirations to own and operate an additive manufacturing company. And, so far they don't have a serious recapitalization plan, I mean all proposals just say something like a 2.5 million addition of cash to operating capital, which is just a 6 month infusion.
They must be looking at what's happening in Europe with re-arm Europe at 800B, and Rheinmetall stock is up 100% over the last 12 months on expectation of Europe funding a buildup of hostile machinery. Rheinmetall could buy Voxeljet with a stock only deal.
When management issued a 10% share stake to Andy for a paltry 4M USD, I thought this was an inducement or form of compensation to incentivize Anzu to find a buyer of Voxeljet. How naive I was. Anzu found a way to get Voxeljet over a barrel. Ingo quietly departs, the Rug is pulled out from under shareholders like me.
I have no idea. I don't see how the private equity companies get a return on their investment without keeping Voxeljet operating until a new buyer can be found. I don't believe for a minute they really have any long term aspirations to own and operate an additive manufacturing company. And, so far they don't have a serious recapitalization plan, I mean all proposals just say something like a 2.5 million addition of cash to operating capital, which is just a 6 month infusion.
They must be looking at what's happening in Europe with re-arm Europe at 800B, and Rheinmetall stock is up 100% over the last 12 months on expectation of Europe funding a buildup of hostile machinery. Rheinmetall could buy Voxeljet with a stock only deal.
Do you have any idea what will be their next steps? Do you really believe their only goal is to save the company and make 3D printers again?