APP fetched 5.6BB....
I agree, taking LLC public is not generally possible. But, that is from an underwriters perspective, which Shiong needen't be concerned with. Investment community is chomping at the bit for a piece of this boy, as we can see here! And isn't Nant a DE co? DE is the easiest state to LLC=>IPO from. But yes, generally a prohibitive tax burden and ridiculous notion.
So if a RTM is happening then Nant is already a subsidiary of KeyOn Holdings and we are trading Nant as we...er...write?
(Just kinda wet my pants)
Bottom line is this is a shell controlled by Shiong and probably enough of an asset to position in, no?
Wow, I do hope all of you who poured everything into this get your due! Enjoy your island.
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