wait, what?? This post is uncharacteristically optimistic. Are you suggesting that LCY BIO won't want to trade on a U.S. market and would use ADR's to wash the BIOA common shares after issuing their own NEW shares?
hmmmm... LCY parent doesn't trade on U.S. markets... maybe TSX is all they really care about... hmmmmm, interesting...
Maybe... but the R/M and name/ticker change would still be faster and easier. They could then resume trading on TSX and NYSE, which would be better for the future equity raise they already disclosed.