CSG Says Short-Seller Report That Tanked Shares Is Inaccurate
A flag with the CSG NV logo at Euronext Amsterdam.
Photographer: Lina Selg/BloombergCSG NV rejected a report by Hunterbrook Capital as inaccurate and selective after the short seller questioned the defense supplier’s business model, sending the stock down by a record.
The Czech company said by email it disagreed in particular with suggestions the investor prospectus for its January initial public offering and subsequent disclosures were incomplete or misleading.