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I mentioned a couple of items in separate threads and I wonder if they have something in common.
1. Scorpio Tankers (STNG) had back-to-back offerings, one in December 2012 and a second
one was announced in late January 2013.
2. Navios Acquisition (NNA) announced a series of private placement offerings that increase
its share count by 70%

Supposedly, there's a hedge fund (or two) involved with a chunk of STNG's new shares. I wonder
if the same thing happened with NNA. The company sponsor, NM, participated in the secondary
but the series of events almost suggest a PIPE-type transaction.
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