BioAmber Inc fka BIOAQ

[Blackcie255]

Overall the process is however they like, there is no seal bid, this is not a stocking horse process from what I have read.

Overall the bidders have until the 27th to do DD and update bids, then BIOA/pwc have until the 31. Then choose the best bid in their eyes, then on the 31s present it to the judge for approval.

The whole process itself is NDA, but no where did I see sealed bids mentioned in pwc report. but the bidders must know that they will be racked and rated compared to others. I don't see anything on how the process will work, so anyone saying they know is lying imo.

The bidders know to have a good chance on winning if the pad their number a bit, but without knowing the inner workings of the process there could be more feedback from BIOAQ/pwc then you would normal expect.

Overall I don't expect to see anything till Aug, the July 31 is the meeting with the judge to get approval I expect a PR after market on Aug. 3. Just what I'm thinking. Then the stock will move near the Buyout/restructure pps.