Jaguar Health Inc (JAGX)

[finesand]

$2 PT and $0.925/sh Merger Conversion should run-up this stock until merger vote on 7/26, which is a sure thing due to NAPO ownership and positive expectations of over $100M revenue.

Merger will move equity into positive terrain from $(0.356) to $0.41 per share, a boost of 77 cents almost. This according to 424b3 prospectus pro-forma balance sheet of merged company page 319.

Hence the $2 PT w/ a P/S 2 and cheap conversion close to $1, makes sense. A later RS w/ merger to lift price above $3/sh for institutions would be natural.

Right now price is close to the usual bottom of 50 cents and it shall run-up as usual from this point like in February.

Time for JAGX again