OncoSec Medical Inc (ONCSQ)

[ignatiusrielly35]

You are confused about CGP’s deal. They have the right to make an OFFER to acquire the entire company at 4.50 per or whatever the market price is if it’s higher. ONCS is not obligated to accept the offer regardless of what it is. This buyout offer option has nothing to do with the terms of the financing that CGP would provide immediately, which is at a fixed 2.50 per share. CGP cannot tank the share price and this invest at less than 2.50 per share. That is, however, what Alpha would do under its proposal.