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  "documentTitle": "Twist Bioscience (TWST)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2022-11-15 00:00:00",
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      "text": "We find it troubling that both 3W Partners and NFT Investment Limited appear to have the same address in Hong Kong, suggesting that they are linked.",
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      "text": "7. As we examined other names in Twist’s pre-IPO investor list, we noticed a plethora of opaque Chinese and other offshore entities. For example, 3W Partners Capital strikes us another front, as does another investor, NFT Investment Limited, for which the first search hits are from the ICIJ Offshore Leaks Database concerning the Panama Papers database, which state it’s based in British Anguilla. Another hit is from the Securities and Futures Commission of Hong Kong, which states it’s based in Hong Kong. The website listed for it in the Hong Kong registry goes to a dead website parked at GoDaddy.com. We find it troubling that both 3W Partners and NFT Investment Limited appear to have the same address in Hong Kong, suggesting that they are linked..",
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      "text": "8. Ever Alpha Fund L.P. aka GF Securities, Kangmei, 3W Partners, and NFT Investment are the not the only fish swimming in Twist’s cesspool of investors. Another of its largest holders at IPO was Paladin Capital, which quickly dumped its shares, and was founded by Michael Steed, who appears to go to some lengths to obscure his past in his bio. We discovered that Steel worked for Ullico, the captive insurance arm of various labor unions. Detailing the fraud at Ullico and Steed’s role is beyond the scope of this report, but all one has to do is google terms like “Ullico” – the name Steed left off his bio – along with “Steed,” “fraud,” “organized crime,” “insider trading,” and “government hearings” to open a Pandora’s Box of now-forgotten corruption.",
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      "text": "Part VII: Striking red flags among Twist’s management and largest holders at IPO (cont’d)",
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