BioAmber Inc (fka BIOAQ)

[1manband]

That wording is absolutely meaningless, as the original request under which the offer was made was an "investment". But as PwC stated, not a single bidder in that round actually made an investment offer. ALL of them were for purchase of assets only.

Which is exactly what happened during the liquidation phase.

This bankruptcy is just like every other one. And since the creditors will not be satisfied, their amounts will be cancelled, and then the equity (common shares) will be cancelled.

That is how the law works. And it is going to happen here, too.

100% guaranteed.