2CRSi Challenges Grizzly's Short-Selling Strategy

2CRSi, a server manufacturer based in Strasbourg, is addressing concerns about a report by Grizzly Research, known for short-selling strategies. The company highlights Grizzly's financial interest in a decline of 2CRSi's share price, evidenced by a net short position of 0.89% disclosed by the AMF, equivalent to roughly 200,000 shares.

Grizzly's report allegedly mixes public data and speculative claims, prompting an immediate drop in 2CRSi's share price. The firm insists such market reactions do not verify the report's accuracy. 2CRSi plans a detailed response and requests a review by the AMF due to potential misleading claims by Grizzly, which self-described its reports as opinion-driven.

2CRSi ensures transparency, temporarily suspending stock trading for fair information distribution and will host a shareholder webinar to discuss responses.