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Wednesday, 12/23/2020 6:54:28 PM

Wednesday, December 23, 2020 6:54:28 PM

Post# of 1541
Not sure if details on BPRA SPAC was posted here. (my first SPAC)

Nuerorx merger with BigRock SPAC fir $525m plus sub $300m milestone payments. SPAC closing in H1 2020.
NueroRx has a contract for sales with RLFTF (Covid drug in phase 3) receiving 50% for north America and Israel and 15% to 20% EU and other places.plus it has it's own depression medication for multiple indications. See presentation below (page 4 and 25). Just the COVID deal with RLF100 is worth more than $850m(page 25)

Note:RLFTF is currently valued well over $1.3B and they just issued another 600m shares. Check their PR.

BRAP currently trading around $30 and warrants BRAPW are just $6. Do the math. There is too much to be make on the warrants if the deal is closed.

Presentation:
https://www.sec.gov/Archives/edgar/data/1719406/000165495420013699/brpa_ex992.htm


Do you own DD. The BRAP board has some dd too.

The above is my personal opinion, and not facts.
Everyone should do their own DD.

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