Friday, August 13, 2021 11:42:14 PM
I find it very interesting that KAHC (as it pertains to Bioamber) had some very interesting information in its 10Q filed today. Let's look a little deeper...
Let's see KAHC has liabilities "DUE TO RELATED PARTY" - that's strange since there are no named related parties yet!
126,163,773 shares SUBJECT TO POSSIBLE REDEMPTION @ $10.00 per share. Now that is close to Bioamber's OS. But you have to remember Sofinnova has reported an exit on its Bioamber position. Sofinnova's last report was for 3,294,037. Add those 2 up and you get 129,457,810 a difference of 7511 shares. Way to close for comfort!
Lastly and freakin amazing is that this common stock of KAHC SUBJECT TO POSSIBLE REDEMPTION is that the redemption rights (aka subscription rights) are considered to be outside of the Company's CONTROL and subject to the occurrence of UNCERTAIN FUTURE EVENTS!!!
LOL i'll keep an eye on this hogwash for everyone.
Let's see KAHC has liabilities "DUE TO RELATED PARTY" - that's strange since there are no named related parties yet!
126,163,773 shares SUBJECT TO POSSIBLE REDEMPTION @ $10.00 per share. Now that is close to Bioamber's OS. But you have to remember Sofinnova has reported an exit on its Bioamber position. Sofinnova's last report was for 3,294,037. Add those 2 up and you get 129,457,810 a difference of 7511 shares. Way to close for comfort!
Lastly and freakin amazing is that this common stock of KAHC SUBJECT TO POSSIBLE REDEMPTION is that the redemption rights (aka subscription rights) are considered to be outside of the Company's CONTROL and subject to the occurrence of UNCERTAIN FUTURE EVENTS!!!
LOL i'll keep an eye on this hogwash for everyone.
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