The Great Five9 Fiasco and Scalar’s Greedy Exit

In a letter to the SEC (a document one might imagine written with a quill dipped in lemon juice), Scalar Gauge revealed it had sold every last crumb of its 399,717 shares in Five9 during the third quarter. The total value? A tidy sum calculated with the precision of a clockwork spider: $10.6 million, using the average price as a polite excuse to avoid specifics.







