Since last August, Quarto’s controlling owner CK Lau has been steadily increasing his holdings in the company, building to control of over 50 percent of shares by April. Now, following a sharp falloff in Quarto’s stock price since its peak in late April, Lau’s other major partner the Giunti family of Italy, has added to their stake as well. According to a recent UK securities filing, Montecristo 2019, a holding company associated with Andrea Giunti Lombardo, acquired almost one million shares of Quarto stock this week. With the recent purchases, the Giunti family now has control over approximately 9.1 million […]
