Roka Bioscience, Inc. (ROKA)

[baywolf415]

what exactly does this mean?

1) 1. The stockholders approved a proposal to adopt the Asset Purchase Agreement, dated as of August 16, 2017, by and among
the Company and Rokabio, Inc. (the “Buyer”), a newly formed subsidiary of Institute for Environmental Health (“IEH” or the “Parent”)
and as such agreement may be amended from time to time (the “Asset Sale Proposal”

2)Item 8.01. Other Events
The Company expects to close the sale of substantially all of its assets to the Buyer pursuant to the terms of the Asset Purchase
Agreement on or about November 1, 2017. Following the closing of the asset sale, in accordance with the terms of the Asset Purchase
Agreement, the Company will provide certain transition services to the Buyer during the Transition Period (as defined in the Asset
Purchase Agreement).
Forward-Looking Information

the way i read it is that starting 11-1-2017 all of ROKAS assets will be sold to the newly formed Subsidiary "IEH" A company of ROKA.

so roka is getting rid of all of their assets ? meaning they will be worthless ??? is that the reason why the stock is going down???

this comes from the latest 8-k filling

http://rokabio.investorroom.com/sec-filings