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Post# of 4975386
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dirkv

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dirkv

Re: dirkv post# 4917654

Monday, 01/30/2023 5:18:41 AM

Monday, January 30, 2023 5:18:41 AM

Post# of 4975386
Quince Therapeutics (QNCX) only 1.08?????

94.34 (current cash) + 150 ($150 million in regulatory and commercial milestones payments) - 0.420 (debt) = 243 million : 36.13 = $6.75/share

Shares Outstanding 36.13M
Float 27.6M
Total Cash (mrq) 94.34M
Total Debt (mrq) 420k

Quince to receive a 7.5% ownership stake of Lighthouse Common stock with anti-dilution through the first $10 million raised.
https://www.lighthousepharma.com/

They better buy back 20 – 30% of the shares or sell there complete pipeline and give $7.5 – $8 to every shareholder.
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