BioAmber Inc (fka BIOAQ)

[1manband]

BIOAQ IS in Bankruptcy. It is in Chapter 15 Bankruptcy in the United States Bankruptcy Court for the District of Delaware. Since BIOAQ is a Delaware Corporation, the Canadian courts have no jurisdiction over the parent corporation or its common stock.

FINRA was informed because there is absolutely no question that the common shares will be cancelled upon the conclusion of the US Bankruptcy case. It is possible that FINRA will determine that it is in the best interest of the market to delete the ticker prior to the conclusion of the case.

Which means BIOAQ common shares may go completely worthless sooner rather than later.