A week ago I got a cold call from someone doing "research about investment experience" which ended with "we might call you if a investment opportunity comes up". A couple of days ago a person from a "boutique investment firm/wealth management firm/brokerage house" called me, started talking about a particular stock (listed on NASDAQ and has been doing well last month), that this company with a market cap in 2B range got a exclusivity business deal of ~1B(this deal isn't public yet) and its stock is expected to go higher.
They said they were going to bid on the companies stock at a private placement (I think thats what he called it) by the company itself (not secondary markets, not IPO either). They were planning to bid at an amount which is ~80% of the current trading price, and they said they would try to bid at or below that amount, and if I verbally agree to invest then they will purchase some on my behalf, and I would have 3 days after that to settle (assuming they get the bid). They also had a stop loss order they set up for me so that worst case I only lose 10% of my money.
Now they did win the bid, apparently at the amount they told me and not lower. They were talking about how for new accounts they can only buy up to 2500 shares. I had to ask about a minimum and their minimum was 200 shares. Their commission was 1% per transaction. The person I was talking to was very open about the fact that he is earning that commission, that he "bought the list" (which contained my contacts I guess) and he was going through them to try and get more clients. Generally I felt they were quite open about any questions I had.
So now I have to fill their forms, send them my documents to create an account and then settle the money. They say I will be given an account on an online platform where I will be able to check on my holdings myself. To settle I need to transfer to a "stock transfer agent" or something similar, who would apparently transfer the commission to these guys and the actual share price to the company itself.
The company has a website, with a domain that is almost a year old. Its company address matches the phone code of the phone calls I got. It was a bunch of British guys in Japan. The stock transfer agent is just a 3 letter name, and if I try to look it up I can see it is a private company that is about a year old again in Hong kong, but that is about it.
So given all this I can't decide if it is a scam or if I am being too paranoid. Can someone help me understand if this fits a legit pattern or a scam?