BladeRanger CEO Targets a Major Liquidity Event by Year-End
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BladeRanger CEO Shmuel Yannay says he is aiming for a significant conversion of shareholdings into cash by the end of 2026, while stressing that success is uncertain. He said the company's transactions have produced stakes in Nasdaq-listed businesses, but it has yet to demonstrate a substantial cash return. According to Yannay, previous share sales totaling several million dollars helped finance operations and sharply reduce cash burn. He said a larger realization could open decisions about capital allocation and dividends. He described distributing 25%-50% of net profit as his philosophy, rather than an approved payout.