BioAmber Inc (fka BIOAQ)

[1manband]

There is no reverse merger.

Any reverse merger would have to pay off the creditors. They can't come with the "shell" as the company is bankrupt. They must be paid, in full, or otherwise satisfied for the equity to survive.

And PwC has made it crystal clear that will not happen - the creditors have no interest in that whatsoever, and what they say goes.

There is no chance the common shares will survive or "be safe". Anyone holding common shares of BIOAQ will lose 100% of their investment.