US cash merger arb
See what changed on your merger arb deals, and what's due.
One page per deal you hold: every change with its source, every deadline with its date, everything still pending. Checked every day.
- Every live US cash merger in one free list, each term quoted from its filing
- What changed since you last looked, with the filing or source
- Every deadline you need to act on, your broker's cutoff included
- What's still pending: the vote, approvals, financing
- Your own scenarios, with the expected return to the close
Every factLinked to its source
Every live dealFilings and the web
Launch price for the first 20 members.
One email when it opens. No spam.
ACMB · Vote set · Cash, merger vote · $640M · announced Jul 14$14.25 cash · close Q4 2026
Acme Biotherapeutics ← Globex Partners
- Offer
- $14.25 cash
- Price
- $13.62
- Delayed close, Sep 25, +0.3%
- Spread
- 4.6%
- Expected close
- Q4 2026
Checked today 6:10 pm ET, nothing filed or found since Sep 24
What's new since Sep 20
New to you: Sep 24
Close date questioned
Expected close:
Fourth quarter of 2026, per the proxychanged to Early 2027, per a news reportWeb, news report · Sep 24
Sources disagree· both shown, not resolved
New to you: Sep 22
Vote date set
Special meeting:
Not scheduledchanged to Nov 6, 2026
What to do, and by when
Oct 2
in 5 days
Hold shares to vote
Record date to vote. Hold shares at the close of business on this date to vote.
Official deadline
Nov 3
in 37 days
Instruct your broker
Your broker's cutoff. Pre-filled from your default: 2 business days before the proxy voting closes. Check it with your broker.
Your date
Where every fact comes from
- SEC filingsPrimary source
- Press releasesDaily web search
- RegulatorsDaily web search
- Court docketsDaily web search
- NewsDaily web search
- Every fact links to its sourceOpen the filing or page it came from, one click away.
- A person approves every new dealTwo AI models agree on each fact, or a person decides.
- Conflicts shown, never hiddenWhen two sources disagree, you see both, side by side.
“Any news?” shouldn't take an evening.
The spread
The spread moves, and you can't tell if anything was filed.
Checking
You check the company's site, EDGAR, the comment thread and your broker's messages, one deal at a time.
Deadlines
The dates that cost money are yours to catch: the tender deadline, the cash or stock election, the conversion window.
Your broker
Your broker's cutoff comes days before the official one, and it isn't in any filing.
Memory
With several deals open, it all lives in a spreadsheet or in your head.
The slip
That works until one detail slips.
Filings and the web, every day. Every deal approved by a person.
Every new filing, every day.
Merger agreements, proxies, tender offer documents, 8-Ks and their amendments, on every live deal.
The web, searched every day.
Company press releases, regulator pages, court dockets and news. Each finding says where it came from.
One record per deal.
A new filing updates it and keeps the history. When two sources disagree, you see both.
A person approves every new deal.
A fact is approved when two AI models agree on it, or by a person. Its quote must be found word for word in the filing. A person decides every disagreement and approves each deal before it goes live.
Then you see it against your last visit: what changed, what's due, and what's still pending, on the deals you hold.
What Tracking Alpha does, and doesn't.
Does
Follows the deals you hold
One page per deal, and one screen for all of them.
Shows what changed
The old value, the new value and the filing or page it came from.
Lists what you need to do, and by when
Tender, election, conversion and vote deadlines, your broker's cutoff included.
Reads the filings and searches the web every day
Press releases, regulators, court dockets and news, each labelled by source.
Has a person approve every new deal
Before its page goes live. Two AI models must agree on each fact, or a person decides.
Doesn't
Send trade ideas
Keep finding deals wherever you do now. Bring the ones you hold here.
Race funds to the news
We make sure you don't miss it on the deals you hold, not that you see it first.
Score deals or call whether they close
Facts and sources, never a score or a rating.
Give investment advice
You make every decision.
From the builder
The tool I wanted for my own deals
I'm Jera Value. I'm a software engineer and a private investor. I also built findmymoat.com, a directory of investing tools.
I tried to do this by hand. I spent many hours on manual work: reading filings, copying terms into spreadsheets, checking dates and looking for news on every deal I held.
Merger arbitrage is a small niche, and an underserved one. But the technology has come a long way, and today it can do very powerful things. So I started building a tool for my own workflow.
The plan is to start narrow: build the perfect workflow for one kind of special situation, merger arbitrage, in its most specific form, US deals paid in cash. Then expand to the next one, step by step.
I'm building it in public, posting as @jera_value, and shaping it with your feedback. My goal is to make it the best tool for special situations investors.
US merger arb first. More to come.
At launch
US cash merger arb
- Cash mergersUS-listed targets, by shareholder vote, small caps included
- Cash tender offersIncluding two-step deals: a tender offer, then a merger
- Deals that failKept on your list as after failure, with what happened
Next
Stock and mixed deals
- Stock and mixed considerationExchange ratios, collars, cash or stock elections
Then, members choose
One type at a time
- Odd-lot tender offersIssuer tenders with odd-lot priority
- Spin-offsRecord and distribution dates, when-issued trading
- Something elseMembers vote on what comes next
Not planned: rumors and strategic reviews. They aren't in the filings, so we would be guessing.
Launch price
Launch price for the first 20 members. 30-day refund.
Member
$20 a month
Or $200 a year, two months free
20 launch spots
- 30-day refund
- Members keep the price they joined at
- Cancel anytime
- The launch price is for the first 20 members; then $29 a month or $290 a year
Included
- One page per deal, with sources
- What changed since you last looked
- What you need to do and by when, broker cutoff included
- Pending conditions and typed dates
- Filings plus a daily web search
- A person approves every new deal
- Your scenarios and expected return
- Email on material changes, and a weekly summary
Accuracy credit
If a fact on a deal you hold is wrong, or a change that was in a filing is missing by the end of the next business day, you get a free month.
Facts and sources, never advice. You make every decision.
What you should know
Is this investment advice?
No. Tracking Alpha shows what the filings and other sources say and what changed. It never tells you what to buy, sell or hold.
Do you send trade ideas?
No. There are good places for ideas. This is for the deals you already hold.
Where does the information come from?
Every day we read the new filings on every live deal and search the web for it: company press releases, regulator pages, court dockets and news. Every fact is labelled with its source. Filings come first, and when another source disagrees with a filing, you see both.
Is it real-time?
No. Every deal is checked every day, and we don't compete on speed. The point is that nothing on your deals slips past you.
Is it AI?
We use software to read the filings and search the web. A fact is approved when two AI models agree on it, or by a person. Its quote must be found word for word in the filing. A person decides every disagreement and approves each deal before it goes live. Every fact links to its source. If something is wrong, you can see it and tell us.
Do I need to connect my broker?
No. You add the deals you hold by ticker. Your broker's cutoff is a date you can add yourself, since brokers don't publish them in the filings.
Which deals are covered?
At launch, US-listed targets in cash deals, including tender offers and small caps. Stock and mixed deals come next.
How does the launch price work?
The first 20 members get $20 a month or $200 a year, and keep it. After that, the price for new members is $29 a month or $290 a year. Waitlist members hear first.
When does it open?
We're building it now. Waitlist members hear first.
What will you do with my email?
Email you when it opens, with your launch price. Nothing else unless you ask.
Join the waitlist
Stop checking EDGAR one deal at a time.
Launch price for the first 20 members · One email when it opens, no spam.
Facts and sources, never advice. You make every decision.