Added to YB: 2024-12-30
Pitch date: 2024-12-27
UUU [bullish]
Universal Security Instruments, Inc.
+145.27%
current return
Author Info
No bio for this author
Company Info
Universal Security Instruments, Inc., together with its subsidiary, engages in the marketing and distribution of safety and security products in the United States.
Market Cap
$5.3M
Pitch Price
$1.94
Price Target
2.51 (-47%)
Dividend
N/A
EV/EBITDA
62.43
P/E
-22.29
EV/Sales
0.44
Sector
Electronic Equipment, Instruments and Components
Category
special_situation
A Special Situation: 3 Month Hold And 39% IRR
UUU: $6M cash acquisition by Feit Electric at $2.51-$2.58/share. 6.8-9.7% spread, 27-39% annualized return. Low risk: cash deal, no antitrust issues, management support, 32% shareholder backing. Q1 2025 close. Main risk: slow shareholder approval. Downside to $1.40 pre-announcement price if deal fails.
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