BioAmber Inc fka BIOAQ

[DonateLove]

Friday Catalyst could have at least 2-3 buyers.

m0n heard the Monitor tell to the judge during the hearing on SISP progress: "we are looking for a buyer” and “we believe there will be 2- 3”

But what is more significant is that they generated many interested bidders in a short time.
They probably accepted these quick deadlines because they probably knew of companies that were already interested in them. Last February, Nextant indicated that a few companies investigating potential to produce their products in their Sarnia plant have already approached them.

"BioAmber has a number of strategic and financial investors evaluating an investment as part of the SISP. We are optimistic that the closing of a transaction will provide our customers long term supply assurance from the Sarnia facility.” They seem confident in the PR from June 18