BioAmber Inc (fka BIOAQ)

[biowin]

The secrecy and confidentiality on the 363 sale of Bioamber by Pwc is probably for a reason so no one investigates fraud that took place (maybe $ under the table for lawyers) until KKR was ready to aquire Bioamber through Lcy chemical which they had to wait to close the deal in 2019, that's why the stay of proceedings continued by the trustees who had a plan to show the judge (restructure Bioamber Sarnia and pay out the debt by continuing operations), also Deepak Dugar, Visolis was working for Pwc (how convenient??), it is a good investment for KKR and Bioamber shareholders as the judge said "in the best interest of all stakeholders) and also if you go back to 2015 Lcy chemical has agreed to build manufacturing plants with Lanzatech, https://www.globenewswire.com/news-release/2015/04/22/1005682/0/en/China-Steel-Corporation-Approves-Investment-in-LanzaTech-Commercial-Project.html, KKR can take advantage of all of this investments (Lxy chemical also bought out Bridgestone who is partners with Lanzatech) and join into a merger which will include Bioamber shares (part of the deal wether you like it or not) Bioamber shares are not canceled and will be replaced with new shares, KKR knows what they are doing and does not what to be investigated or commit fraud , (that's why the confidentiality is secured by the private $ trustees)

https://thesarniajournal.ca/a-once-defunct-sarnia-bioplastics-plant-has-risen-from-the-ashes/