Alluvial Fund stated in its Q2 2026 investor letter that it has added Vistance Networks (Nasdaq:VISN) as a new holding, and anticipates the company may be sold due to a business spin-off.
Alluvial Fund noted that Vistance Networks is in the process of divesting its businesses, having sold its two largest operations in the past 12 months, with Aurora Networks remaining as its sole operating asset. The fund believes that given the significant reduction in the company's size and the management's transaction experience, the company is expected to opt for a sale. As of August 26, Vistance Networks closed at $11.05, with a market capitalization of $2.55 billion, down 5.64% over the past month and 30.76% over the past 52 weeks.
Source:Yahoo财经 · Source Link
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