==While the stock market landscape continues to evolve, the recent tussle between the tech giant MITB and Chin YK, former executive at MITB and current Edelteq leader, has gained much attention. But what exactly is this dispute about? And more importantly, what implications does it have for retail investors and the newly listed Edelteq?

When analysing the situation, a few key questions emerge:

Why is MITB only now raising concerns related to their former executive, considering Chin left the organization in 2019?

Does this personal dispute between MITB and Chin YK materially impact the financial position and operations of Edelteq?

Firstly, it is important to note that the litigation between MITB and Chin YK is a personal matter and appears to have no bearing on the operations or financial position of Edelteq. Legal disputes are common in the business world, and they do not necessarily tarnish the fundamentals of a company unless they directly relate to its operations or financial status.

In fact, Edelteq's response to this issue seems rather commendable. The company, in an unprecedented move, offered its investors an opportunity to withdraw from the IPO, a clear demonstration of management's respect for their stakeholders. This gives investors the freedom to reassess their positions based on the latest information, allowing them to manage their risk according to their comfort levels.

It's also worth noting that this move suggests a level of financial confidence from Edelteq. By offering withdrawal options, they have shown that they are not desperate for IPO funding, a positive sign for potential investors. Companies that are solely focused on quick cash generation rarely offer such flexibility. The fact that Edelteq is proceeding with their IPO in such a turbulent situation indicates their primary interest might be the prestige of a listing name in the tech sector, rather than immediate cash inflow.

However, it's crucial for investors to consider that their decisions will directly affect their risk exposure. The decision to withdraw or continue is an individual one, depending largely on how an investor views the potential impact of this dispute on Edelteq's share price.

In my personal opinion, I have applied for this IPO and have no intention of withdrawing. I believe that while this dispute may cause some temporary wavering in retail investor confidence, it does not pose a significant threat to the fundamental business operations of Edelteq.

In conclusion, while MITB's sudden interest in this matter may seem disconcerting, it is crucial to remember that business legal disputes are commonplace and do not inherently indicate underlying operational or financial issues. Edelteq's handling of this situation reveals a company that respects its investors, is confident in its financial status, and is committed to moving forward despite the controversy. Retail investors must weigh these factors when making their decisions.