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Post# of 147477
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TenKay

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TenKay

Re: Awigo post# 100480

Monday, 03/02/2020 10:16:54 AM

Monday, March 02, 2020 10:16:54 AM

Post# of 147477
You are mistaken.

1) PwC did not require anything for the shares of BioAmber. Bidders were free to make an offer for them, no one did as the Bid Summary in Report #6 shows

2) GFive was proposing to share a portion of en equity raise THEY WOULD DO as contingent payout to the secured creditors as the Bid Summary shows. The secured creditors rejected it

3) Visolis/LCY never offered any sort of “share purchase”, and none is showing on the Bid Summary.

"Harsh reality is always better than false hope"

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