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WENA for the winna
Love to see some movement on this.
I thought we were going to be WENA but either way I'm excited to see this play out.
Patiently waiting...
Looking forward to finally getting the symbol change. There seems to be some confusion and disagreement about the share structure once the change occurs. The numbers I'm seeing seem to indicate this is favorable to those of use holding LEAS shares. We will find out soon.
This is from last year.
ANEW MEDICAL, INC. (“ANEW”) has entered into a definitive business combination agreement with Redwoods Acquisition Corp. (NASDAQ: RWOD
NEW YORK, May 30, 2023 /PRNewswire/ — ANEW MEDICAL, INC. (“ANEW” or the “Company”), an early-stage biotechnology company focused on developing disruptive new therapies to treat neurodegenerative diseases, announced today that it has entered into a definitive merger agreement with Redwoods Acquisition Corp. (NASDAQ: RWOD; “Redwoods”), a publicly traded special purpose acquisition company, or SPAC. ANEW currently has its common stock quoted on the OTC Markets under the symbol “LEAS”.
The transaction values the combined company at a pro forma enterprise value of approximately US$94.0 million (assuming no redemptions) with existing ANEW stockholders rolling over 100% of their equity into the combined company. ANEW stockholders will be eligible to receive additional shares pursuant to an earn-out based on the combined company’s stock performance following the closing of the transaction. The transaction is expected to provide approximately US$54 million of cash proceeds, assuming no redemptions by Redwoods stockholders. These values exclude up to five million of additional earn-out shares that would be issued to ANEW stockholders if applicable stock performance-based requirements are met. Upon completion of the transaction, the combined company will operate as ANEW MEDICAL and expects to remain listed on NASDAQ.
ANEW is dedicated to realizing the potential of gene therapies to offer transformative patient outcomes in areas of high unmet medical need and extending the reach of gene therapies to highly prevalent neurodegenerative disorders. The Company has assembled a portfolio of gene therapies in partnership with leading scientific institutions and has built a core team with extensive experience in the gene therapy, drug development, and commercialization space. ANEW is initially focused on progressing programs that include alpha Klotho-based gene therapies for ALS, Alzheimer’s disease, and Parkinson’s disease.
Ha! I was just talking about the stock having some volume today.
I have no idea wtf IGEN is doing...need some updates
Its alive!
Another great week here. Really looking forward to next week.
$LEAS still strong
Lets close above .008!
$LEAS still solid
I'm still highly bullish on $LEAS
Looking for a good week here to get over .008 and more.
Buy the dips, get ready for the rip.
$LEAS - Target .055
Great to see 8s. Let's push this to .01 by end of week
Looking solid here!
$LEAS - moving higher...
TIme to test 7s
Nice close! Really looking forward to next week.
$LEAS - don't miss the run.
Pressure is building!!!
Great stuff happening here!
Slow and steady...then boom!
Let's get this baby over 6s!
$LEAS - just getting started...
I'm here for it!
$LEAS big move coming
Share Structure
Market Cap Market Cap
5,098,923
03/01/2024
Authorized Shares
1,500,000,000
Outstanding Shares
1,044,861,360
Restricted
5,321,015
Unrestricted
1,039,540,345
Float
9,901,942
We break through .005 and we are off to the races...
yes. On behalf of the Redwoods board of directors (the “Redwoods Board”), we cordially invite you to a special meeting (the “special meeting”) of stockholders of Redwoods Acquisition Corp., a Delaware corporation (“Redwoods,” “we” or “our”), to be held via live webcast at 10:00 a.m. Eastern Time, on March 8, 2024.
Great close! Let's keep this moving.
Volume before news.
Locked and loaded here.
Time to get this moving...
I'm fully loaded here.
Looking for some action in the Q1.
Ha!
No
Why would they need to file an extension if they started the business combination in Aug and it finished in Sept.
I don't see this as a big deal as long as the deal is done (as they said it is) and we get our SAGA shares and keep our ENZC as described.
I'm on TD and soon to be Schwab.
Sorry can someone explain what just happened in a nutshell? I have not paid attention to this ticker in forever and just hit a small jackpot. wtf! ha
Nice volume
Hopefully some news soon.
Go time!!!