Bioamber INC is NOT in Chapter 11 Bankruptcy Proceedings! Bioamber INC is in Chapter 15 Proceedings which allow for the Canadian CCAA Proceedings to act as the primary proceeding for the Company. PWC is acting as the Monitor with extended powers on behalf of Bioamber in the CCAA Proceedings. PWC updates their website regularly with current Reports of the CCAA Proceedings. Bioamber INC is included in those proceedings. Bioamber INC is the Company that shareholders own BIOA(Q). The Company is restructuring in CCAA Proceedings currently. According to PWC's reports "The Company is being sold"