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Re: juslin post# 263580

Tuesday, 04/07/2020 3:15:36 PM

Tuesday, April 07, 2020 3:15:36 PM

Post# of 429449
Juslin, You receive cash for your shares and a new ticker enters your account. That ticket will trade on the open market (NYSE) and you can sell it if you’d like but only for whatever buyers will pay. If AMRN hits milestones then you receive cash in exchange for CVR.

For reference, look at Bristol Myers Acquisition of Celgene. Celgene received $9 in CVR rights for 3 drugs yet to get approval. That ticker is currently trading at $4/CVR. And the full $9 is only realized by holder if the 3 drugs reach approval.

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