Biotech Values

[RNsidersbuying]

SBTX - Under the terms of the merger agreement, assuming that Silverback’s net cash at closing is $240 million, Silverback equity holders are expected to own approximately 37% of the combined company

Giving up 63% of their remaining cash appears way overdone to me. Very possible they should all be moved to a 'senior-housing' facility.

No further interest in SBTX...