DNIB Unwind Inc. (fka BINDQ)

[agamemnus]

$1.35+ imo. Here is my thinking...

Sale
https://cases.primeclerk.com/BIND/Home-DownloadPDF?id1=NDAzNzUy&id2=0

Lawyer fees = 250K?

https://cases.primeclerk.com/BIND/Home-DownloadPDF?id1=Mzk2ODk1&id2=0

Cowen fees
https://cases.primeclerk.com/BIND/Home-DownloadPDF?id1=MzgzOTA3&id2=0

First filing
https://cases.primeclerk.com/BIND/Home-DownloadPDF?id1=MzgxMzI0&id2=0

Cowen fees
60K * 6
1500k
500k
1000k
2.5% = 1000k
50k

4410k

4800k

40000 sale
13200 debt
22500 left -- comment in court hearing

http://ir.bindtherapeutics.com/releasedetail.cfm?ReleaseID=976156
"Collectively, these actions are expected to bring BIND's quarterly cash burn rate to approximately $6 million per quarter by the third quarter of 2016."
7m cash burn estimate for this quarter (estimated)
plus let's say 800k severance

10Q -> https://www.sec.gov/Archives/edgar/data/1385228/000156459016018603/bind-10q_20160331.htm

23.7m cash assets
-9.56m remaining liabilities
-4.7m on the cowen and other expenses
-7m for operating costs
-700k for severance
+40m Pfizer payment
-13.4m for Hercules debt

28.355m
20,886,802.00 shares outstanding
$1.35 per share