Amarin Corp Plc (AMRN)

[lizzy241]

sleven, they've been trying to complete the IPO for listing on the Hong Kong exchange but they're very strict with regulations. The last prospectus showed their financials are lacking substantial $$. I'll try to find the link on their website. Also, they've raised a ton of private funding from HF's like Sequoia. The HF's want their investment returned and the only way they can do that is to have a publicly traded vehicle so they can sell their stock. But cause the financials go steal due to rejections by the officials they've filed preliminaries a few times. Last I read the Hong Kong regulators are trying to get the regs lightened up so more companies can get listed.
Also, covid hasn't helped their cause.