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Thursday, 05/16/2019 11:05:21 AM

Thursday, May 16, 2019 11:05:21 AM

Post# of 13884
The Court issued an order yesterday approving Armory Securities (Extera Partners) as the investment banker for Bertilimumab. They reduced their fees slightly. It was 4%, now its 2.5% on the first 6 million and 4% on anything over 6 million.

Really wondering what happened with the Ceplene sale. It might take a day or two for the Court to issue the Order. Also, the filings seam to appear on line the day after they are issued, so there is a little delay. There might have also been some objections to the sale and the Court is giving some more time for the objections to be filed before making a ruling on the sale?- I guess we'll know soon.

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