OTIC news here it is
As previously reported, Otonomy initiated an evaluation of strategic options to realize value from its pipeline. The company is currently in discussions for the potential sale of its pipeline assets. Proceeds from any such sale would be distributed to stockholders in accordance with the Plan of Dissolution, subject to stockholder approval. The amount that would actually be available for distribution to stockholders, if any, is dependent on a number of factors.
Float 47,361,447
Disclaimer:
I call them the way I see them, if you disagree then the truth is hidden somewhere, and the truth will never be hidden for very long.