Saturday, July 22, 2023 2:05:43 PM
"...Baudax equity holders immediately prior to the acquisition will own approximately 18% of the combined Company..." formed with TeraImmune.
https://www.baudaxbio.com/news-and-investors/press-releases/detail/267/baudax-bio-acquires-teraimmune-inc
A similar equity ownership in PCI and Baudax-related business combinations would still give us majority control of Humanigen.
And just because whatever your group heard hasn't come to pass as expected, doesn't mean that it won't come to pass. I think the company must have positive regulatory decisions from Australia, or we would not have proceeded with our investment in Baudax. And our boys are like a dog with a bone when it comes to PCI. They won't let it go.
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