Not sure if you are stupid or just purposely trying to twist the facts. NQ had $121.9M in net cash BEFORE doing this deal with Atlantis. So NO....NQ did NOT need cash. Do you really not know how to read a balance sheet? Duh.
The 1.5M ADRs sold to Atlantis are unregistered (cannot be sold until they are registered). NQ INCREASED its buyback by $15M. NQ gets a major HK investor as an anchor and Macquerie advised on the transaction. Very smart deal.