Jehoshaphat Research Shorts GPGI, Alleges Accounting Irregularities at Husky Technologies
Jehoshaphat Research has announced a short position in industrial conglomerate GPGI, claiming the company overstated financial performance tied to its recent acquisition of Husky Technologies. The report contends Husky represents more than 70% of pro forma EBITDA, that its free cash flow is overstated by 90%, and that several key metrics may be aff…