Craft in the City

Adrangi and Kerrisdale Capital Issue Negative Report on Eastman Kodak Black

Sahm Adrangi is currently 33-year-old Chief Investment Officer of the company Kerrisdale Capital, which focuses on stock reports and general education of the public. He and his company are located are in the heart of New York City, where he operates and facilitates Kerrisdale Capital.

Sahm Adrangi graduated from the prestigious Yale University and received a Bachelor of Arts in Economics. He has held various executive positions in companies such as Longacre Fund Management, Restructuring Investment Banking Group, Deutsche Bank, and more.

Before becoming the founder of Kerrisdale Capital Management, Adrnagi was a corporate analyst at the Longacre Fund Management company. In this company, Adrangi helped allocate over 1.2 billion dollars in investments and distributed it towards various clients. Some of his jobs included holding bank debts and managing equity fundings. In addition, he conducted various debt and equity related analysis.

Even before Longacre, Adrangi was helping companies such as Chanin Capital Partners with their bankruptcy problems, overcoming a Chapter 11 transformations. Before holding a position at Chanin, Adrangi was a worker at the Deutsche Bank, where he essentially helped structure bank debts and yield high-performance bonds. Adrangi’s education and resources at Yale proved to be especially helpful as he was able to transform a plethora of businesses.

More recently, Sahm Adrangi and Kerrisdale Capital issued several negative reports on Eastman Kodak Company, an imaging, and video directed organization. The company announced that it would partner with another imaging company, and since then, Kodak’s stock price has risen by over 150%. Kerrisdale withholds that the company’s partnership is merely a sham attempt to cover its many flaws.

Sahm Adrangi also states that Kodak shareholders will not benefit because their shares will slowly drop and render the company useless eventually. The increase in the share price is only temporary and is a result of a minor “hype.” Moreover, it is known that KodakOne is filled with executives who have dubious history and backgrounds. In fact, these executive members granted themselves a limited amount of stock price before the unwarranted rise in the price.

Kerrisdale is holding a conference call to discuss the Eastman Kodak Company and its shares.

https://www.benzinga.com/topic/sahm-adrangi

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