NOVEL NEXT Chapter 684
Acquisitions through SPACs can be rapidly executed when funds are secured, so there may be instances where the ownership structure is not clearly disclosed.
The complexity of the equity structure and the asymmetry of information go without saying.
“I never imagined it would be this easy…”
“R-really? I thought we’d hit the jackpot with just one, but we got seven…”
Even Megan Alford, the legendary fund manager from Wall Street and CFO, couldn’t hide her surprise.
In the past few months, numerous plans were made to topple the backbone of Shaolin from Alpha to Epsilon.
And it collapses from some insignificant Omega?
At that moment, a slight unease washed over me.
The fact that everything was going too smoothly made me embarrassed instead.
Is this a trap?
“Is there hidden debt, or are they caught up in legal disputes?”
“I can assure you, there is absolutely nothing like that. All the debts discovered during the previous accounting fraud at Shaolin were thoroughly identified in the due diligence process and reflected in the corporate value.”
“Then why…”
There must be something more at play.
If they had only acquired one, it would be one thing, but with seven acquisitions, the funds flowing into Shaolin Energy would be clearly accounted for.
There must be a reason to hand over one’s lifeline to someone else.
“Uaaah, I don’t know!”
Whirrrrrrrrrr
The ceiling spun around with the chair in a dizzying whirlwind.
For a grand plan that would leave a significant mark on world economic history to come to such a hollow end…
“Aren’t the results even better?”
“The results are top-notch! But it’s uncomfortable!”
“Na-me, for now, we have no choice but to wait. We’ve acquired the company, so there’s a mountain of work to do ahead. If restructuring is needed, we should start immediately, and we need to prepare for a new strategy announcement.”
“Ugh, my head… Let’s get started. Please call an emergency meeting with all executives.”
We reviewed the financial state, re-confirmed the legal risks associated with the acquisition.
The HR executive was tasked with a restructuring strategy to minimize the outflow of key personnel, while the marketing team was preparing presentation materials related to this acquisition.
‘Why did the Ministry of Commerce of China approve this so easily?’
The negative list (restricted foreign investment list) was narrowly avoided.
However, China has a strong exclusive character; if they don’t like something, there comes a situation where they just have to shut up and back off.
Soon enough, I learned the reason.
[‘3 trillion won Shaolin scandal’ Li Shizhu, Prime Minister of China…today on the brink of dismissal]
“Looks like the Zhuge Family has won.”
It was revealed that the young politician, Li Shizhu, ranked number two in China, had embezzled trillions in state funds.
Li Shizhu’s biggest backer was none other than the Shaolin Leader.
“The President apparently wants Li Shizhu’s faction to fall from grace.”
“Since it’s uncertain where the subsidiaries of Shaolin Group will end up, it might be better to just hand it all over to me…”
“That’s highly likely. Given the current situation, Shaolin has a much more advantageous political position than the central government, so it seems they’re determined not to miss this opportunity.”
It’s like a scene from StarCraft where the ‘Dragon Ball’ is recalled.
They’ve already lost the game but are being rude by hiding buildings all over the map to buy time.
Shaolin has already lost the game.
And the government has entrusted me with the control to prevent these “Dragon Balls.”
“Was that really a mistake? Are they really that incompetent…?”
No matter how much of an enemy they are, I never expected the leaders responsible for the livelihoods of hundreds of thousands to be this inept.
And as expected, that evening, a request for cooperation from Chinese authorities arrived.
“I’ll hand everything over.”
“Still, there will be considerable backlash from within the company.”
“It’s fine. There’s a way to manage that. And I’m not planning to drag extremists into this.”
*
People who lived under a caste system in China have no right to call others uncivilized.
The great flow of history has led to the demise of the Chinese Communist Party and the establishment of true democracy.
However, people regrouped once again under sects to create a semi-dictatorial system.
The Shaolin Leader was arrested once again.
[Na-me Janjeol CEO “Actively cooperating with the Shaolin Gate investigation”]
And when it was revealed that I played a decisive role in the process, millions of Shaolin disciples went berserk.
– Who do you think you are to touch Jagwang Seung?
– Na-me ruined Shaolin, traitor!
– You have no right to question the integrity of the Master.
– Just wait, malicious brat, justice may be late but it will surely come.
I realized through the experiences of my past life.
Not every single one of the millions cursing me genuinely hates me.
The ones spreading hateful public opinion are a mere handful.
The majority of people are too busy trying to feed themselves.
They wake up early to work, and by the time they return home exhausted, the sun has already set.
With no time to enjoy leisure, where would they find the energy to dig up dirt on someone else?
Thus, they just play the role of repeating what the noisy few say.
Reversing public opinion was simple.
I needed to build my side.
Coincidentally, right now, it’s the Labor Day holiday in China.
“Have you not signed the merger contract yet? Let’s consider giving RSUs to the employees.”
Restricted stock units.
If you’re unsure what gift to give on a holiday, just give it in cash.
Stocks are good too.
*
[Breaking News: The biggest entry ever! The 100th participant of Heavenly Demon Tournament revealed!!!] [195]
(#100 Gonzalo Arce, Alcon Police Special Forces from Argentina)
Last year, he was the dedicated coach who led Giselle Fischer to the semifinals at the National Exchange Tournament.
It seems the 100th participant is indeed extraordinary.
One hundred cameramen are dispatched to start filming qualifiers next week.
Only 24 people can get a Korea Ticket.
[Comments]
– Coach Arce, wow!
– Why not a pro? LOL
– How can he be a coach with no experience in Magic Battle?
– If they film next week, when will the screening be?
– If they shoot all of May, even if they edit quickly, it would probably be released in July.
– If it’s not in July, September is likely. August has the National Exchange Tournament after all.
– I can’t wait until September, absolutely not T.T T.T T.T
[Can I brag about myself? (First 10 people get free chicken)][385]
(This image proves a 588% profit from Hanbit SPACs 19 and 20.jpg)
Last year and early this year, operation forces took down retail investors for stocks related to Na-me.
But when I looked closely, I found an investment company under Janjeol called ‘Seol VC.’
Since they were the major shareholders of the SPAC, I also just invested 3 million won, and now it’s skyrocketed sixfold, my hands are trembling…
Since I bragged, free chicken for the first 10 people.
If I had known this would happen, I would have bet my entire fortune, ugh T.T T.T T.T
[Comments]
– Hands
– Hands
(…)
– How the hell did you find this?
– I didn’t know there was an actual stock related to Na-me…?
– Wow, this just jumped tenfold, crazy LOL
– Journalists, report this kind of news!
– Na-me is acquiring the Shaolin company? What’s happening?
[Current update on Na-me shooting a martial arts drama on Earth]
(Gif of Na-me CEO in a dark background)
At the young age of ten, Na-me, the novice Heavenly Demon, rose to the top.
(To promote the Heavenly Demon Tournament teaser.gif)
Hostile to let the world know his era has arrived…
(Gif of Jagwang Seung’s arrest)
(Gif of Li Shizhu, Prime Minister’s arrest)
He eliminates obstacles in his way, namely the Shaolin Leader and Martial Forest Alliance Master.
(Gif of Zhuge Xinwei giving support speech for Na-me.jpg)
(Gif of Lu Ruowan and Na-me together.jpg)
Now, having even won over the head of the Zhuge Family and the formal heir of the Mudang Sect.
(Gif of Na-me as the 28-time winner of the National Exchange Tournament.jpg)
Though the Heavenly Demon prided himself solely on pure strength…
(Gif of Na-me announcing the acquisition of seven Shaolin companies.jpg)
He perfectly grasped their financial flow and management strategies as if piercing through the twelve meridians of martial arts masters.
(Gif of Na-me in shark pajamas sleeping at his desk.gif)
When I woke up from a mere dream and regained consciousness, the entire Central Plains was already in the palm of my hand.
[Comments]
– The last gif is so cute!
– I was pumped for martial arts when what’s happening here? LOL
– Na-me is recognized as a genius Heavenly Demon.
– In the end, he drank Shaolin Coffee, wow!
└ I am the true victor who still holds on!
└ So envious T.T
└ Frankly, even if it doubles from now on, it would just break even…
– Those Heavenly Demons living in Xinjiang are cut!
– Na-me ← Perhaps the strongest Heavenly Demon in human history, if you think so, thumbs up LOL
└ Honestly, aside from joining him, there’s no other answer LOL
*
The founder of Shaolin Coffee, Branch Manager Jang Wei-ning, had sweat rolling down his forehead like rain.
In today’s poor economy, business was tough, compounded by both pro and anti-Shaolin boycotts.
“Hello?”
He placed a heavy box on a shelf and answered the phone.
[Hello? It’s me, Branch Manager!]
A youthful voice.
“Na-me CEO? How did you get this contact…!”
[Are things tough these days?]
“Oh no! Thanks to you always keeping an eye on us, we’ve been able to do some savings!”
[I tried to handle things as quickly as possible, but…still, it’s been handled quickly! You’ve heard that the company will be merging, right?]
“Yes, yes. I’ve heard it from here and there.”
[The merger procedure is almost complete, but it will take some time before going public on NASDAQ. For now, we’re planning to distribute the company shares first.]
“Shares? Why would you give them to us…?”
[Sales or transfer will only be possible after three years, so I hope you work hard for the company until then. And if you could, spread the word around. It would hurt a lot if you quit now and then the shares skyrocket five or ten fold later, right?]
After a torrent of further chatter from Na-me,
Not a word got through to Jang Wei-ning anymore.
The shares of Shaolin Coffee had already doubled within a week.
[Shall we change the brand while we’re at it? How about Winning Coffee?]