Ok, I'm trying to imagine this... The buyout pays two debts, mostly, the US property remains with BioAmber Inc but the other two entities disappear. Would the buyout of shares for any of the reasons proposed in previous posts (such as NOLs or to immediately relist) be a separate transaction like the purchase of intellectual property?
I get that those details are likely under seal. Maybe the thought is pure fantasy except the language that includes intellectual property is extremely general. Links have been posted that give some reason to think NOLs and relisting could be motivations along with reverse mergers and whatever else I have missed in unread posts, so it is not PURE fantasy, but I don't understand the mechanism by which shares might survive and why that would be of undeniable strategic benefit to NewCo
I've read a bunch of the stickies and been on this since April. I'm very clear that I have no idea how this will turn out but trying to figure it out is an addictive puzzle.
Are commons always "The Petitioners?" Is there really a way for NewCo to buy the commons (whether to get the NOLs, the listing, or just to keep their investor credibility and do that legally but not pay the rest of the debts?