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Re: ysung post# 40519

Sunday, 09/16/2018 10:16:39 PM

Sunday, September 16, 2018 10:16:39 PM

Post# of 147729
On Tuesday, the Canadian Court will EITHER accept OR reject the (still unknown details) of the agreement mediated by PWC to buyout BioAmber's assets, now presumed to be partitioned into three parcels: BioAmber Sarnia (the Sarnia Facility); BioAmber Canada, Inc. (Canadian assets not part of Sarnia); and BioAmber, Inc., U.S. assets, including as presently understood, BioAmber's intellectual property, viz., it's patents.

The Court could also grant an extension, requested by the petitioners, until Oct. 26, a day that is expected to be the last day ARs will accrue to BioAmber's accounts AND/OR for time to work out the details of the transfer of assets.

Answering ysung's query.
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