# Special Situations Digest

> A weekly digest of activist campaigns, strategic reviews, spin-offs, restructurings, divestitures, and M&A. Hundreds of situations across 25+ markets, every Sunday.

Published by Clark Square Capital. Free subscribers get the first 10 situations every Sunday and full access to issues 1 to 9. Pro subscribers get the full weekly digest, Excel, PDF, and JSON downloads, the searchable situations database, the live feed of US SEC filings, and the full issue archive.

Special Situations Digest is published for informational purposes only. It is not investment advice.

## Start here

- [Home](https://specialsitsdigest.com/): A weekly list of corporate events across 25+ markets, with key terms and source links.
- [About](https://specialsitsdigest.com/about/): What the digest covers, how it works, who it is for, and what free and Pro subscribers get.
- [Pricing](https://specialsitsdigest.com/subscribe/): Free and Pro plans for global event-driven research.
- [Issue archive](https://specialsitsdigest.com/digests/): Archive of all Special Situations Digest issues. Recent issues are for Pro subscribers; issues 1 to 9 are free.
- [Situations database](https://specialsitsdigest.com/situations-database/): Search published situations by company, ticker, country, or event type. The public page is a free sample; Pro includes the full database.

## Guides and trackers

- [Odd-lot tender offers](https://specialsitsdigest.com/odd-lot-tender-offers/): How odd-lot priority works, the risks, and the tender offers open now with odd-lot terms flagged.
- [Japan activist campaigns tracker](https://specialsitsdigest.com/japan-activist-campaigns/): Every activist campaign at a Japanese company since February 2026, grouped by company, with the most active activists.

## Situations by category

- [All categories](https://specialsitsdigest.com/categories/): Browse special situations by category. Updated every Sunday.
- [Acquisitions](https://specialsitsdigest.com/acquisitions/): Announced acquisitions, merger agreements, and definitive M&A transactions.
- [Activist campaigns](https://specialsitsdigest.com/activist-campaigns/): 13D filings, proxy contests, board nominations, and large-stake disclosures from activist investors.
- [Divestitures](https://specialsitsdigest.com/divestitures/): Corporate divestitures, divisional sales, and non-core asset disposals.
- [Capital returns](https://specialsitsdigest.com/capital-returns/): Share buyback authorizations, special dividends, and excess-cash distributions.
- [Tender offers](https://specialsitsdigest.com/tender-offers/): Cash tender offers, exchange offers, self-tenders, and going-private tenders.
- [Strategic reviews](https://specialsitsdigest.com/strategic-reviews/): Board-authorized exploration of alternatives, special committees, and announced sale processes.
- [Going-private](https://specialsitsdigest.com/going-private/): Take-private transactions, leveraged buyouts, and merger agreements converting public companies private.
- [SPACs](https://specialsitsdigest.com/spacs/): SPAC mergers, business combinations, and de-SPAC announcements.
- [Rights offerings](https://specialsitsdigest.com/rights-offerings/): Rights offerings, renounceable rights issues, and standby offerings.
- [Spin-offs](https://specialsitsdigest.com/spinoffs/): Spin-offs, corporate separations, and pending stock distributions.

## Situations by market

- [All markets](https://specialsitsdigest.com/markets/): Browse special situations by market. Updated every Sunday.
- [Japan](https://specialsitsdigest.com/japan/): Japanese special situations covered weekly.
- [Hong Kong](https://specialsitsdigest.com/hong-kong/): Hong Kong special situations covered weekly.
- [Canada](https://specialsitsdigest.com/canada/): Canadian special situations covered weekly.
- [South Korea](https://specialsitsdigest.com/korea/): Korean special situations covered weekly.
- [China](https://specialsitsdigest.com/china/): Chinese special situations covered weekly.
- [India](https://specialsitsdigest.com/india/): Indian special situations covered weekly.
- [Australia](https://specialsitsdigest.com/australia/): Australian special situations covered weekly.
- [Sweden](https://specialsitsdigest.com/sweden/): Swedish special situations covered weekly.
- [United Kingdom](https://specialsitsdigest.com/uk/): British special situations covered weekly.