BioAmber Inc (fka BIOAQ)

[Brucebannerr]

The second sales process is the liquidation. As plainly spelled out in the monitors report to the court . Did you not read it .

10. Following the failure of the SISP to realize a going concern sale of the business, and based on the views
of the Company’s secured creditors at that time, the focus of the Company shifted beginning in early
August 2018 to conducting a liquidation sale process within the CCAA Proceedings. The Third
Amended and Restated Initial Order authorized the Company and the Monitor to conduct a second
sale process to seek other offers for the Company’s assets and operations in a liquidation scenario (the
“Second Sale Process”). The manufacturing operations of the Company were suspended in early
August 2018 and the vast majority of the Company’s employees were terminated.