BioAmber Inc fka BIOAQ

[toncatmad]

Sure it was an option if a company bought BioAmber as a whole taking on all the debt as well. The AOC would need to be amended to do that as stated. At the end of August 2018 the employees were let go and the BOD resigned leaving nobody at the helm without filing a plan for the shares.
Since only the assets were purchased by LCYB and the total monies received was less than 5% of the debt owed which left all of the creditors impaired there was no need to cancel the shares. The result of the liquidation made them worthless and FINRA put the final nail in the coffin when they suspended the CUSIP and deleted the ticker.
It’s nobodies fault but your own thing you don’t understand vacancy, and liquidation of a PUBCO.
The FKA BioAmber shares will never have a value and shareholders can never receive any type of monetary payment for them