Event-Driven Catalyst Calendar

Event-driven investing studies securities whose prices may be moved by a specific corporate or legal catalyst rather than by the broad market. Common situation types are described below for educational purposes only — no tickers, prices, or probabilities are implied.

SPACs — Special-purpose acquisition companies are shell companies that raise IPO money held in trust while searching for a private company to merge with. Holders can usually redeem at trust value if no deal closes by a deadline.

Tender offers — A public proposal to buy shareholders' stock at a stated price within a set window, often to gain control. Shareholders decide whether to tender (sell) on those terms.

Liquidations — A company winds down and distributes remaining assets to shareholders. The analysis centers on estimating net realizable asset value and the timing of distributions.

Biotech catalysts & activism — Binary clinical-trial readouts, regulatory decisions, or activist campaigns pushing for board, strategy, or capital-return changes that can sharply re-rate a stock.

Insider activity — Disclosed buying and selling by officers, directors, and large holders. Clustered open-market purchases are sometimes watched as a sentiment signal.

Lock-up expirations — The end of the post-IPO period during which insiders agreed not to sell. Expiry makes those shares eligible to trade, increasing potential supply.