Trade idea #2: Restructured U.S. micro cap with special dividend

This sub-$50M market cap local media company trades at <1X FY25 FCF and is expected to distribute a special dividend valued at >80% of its current share price

The following opportunity is a sub-$50M market cap U.S.-listed local media company undergoing a restructuring and trading at <1X FY25 FCF.

The company recently conducted a major asset sale and is expected to distribute a special dividend that represents >80% of its current share price.

If this special situation is of interest, read on…