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TenKay

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TenKay

Re: dragon52 post# 47308

Monday, 10/15/2018 10:17:11 AM

Monday, October 15, 2018 10:17:11 AM

Post# of 144976
"then you got your answer."

Have had it for awhile.

BioAmber Inc. got delisted from Nasdaq and TSX

BioAmber Inc. went bankrupt

Court appointed Monitor attempted to solicit bids for an acquisition of the company including reorganization or recapitalization.

No interest in any of those scenarios was expressed.

BioAmber Inc. then moved to liquidation

The best bid received was $4.3 million from LCY Bio and the liquidation is moving to completion

Once done, and when the remaining liabilities are cancelled, the equity in BioAmber Inc. will be cancelled.

FINRA will then remove the BIOAQ symbol and the shares will be cancelled.

Pretty simple and entirely predictable

"Harsh reality is always better than false hope"

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