AI
Friday, March 14, 2025 7:29:36 AM
PTT Global’s non-binding letter of intent, which they chose not to convert into an actual bid, still would have resulted in shareholders getting nothing had they done so. Their proposed bid range of up to $60M wouldn’t have covered the debt.
LCYB’s original bid included an earnout. Their final bid, the one that was accepted and the transaction closed under, did not.
You really should spend your free time reading the 6th monitor’s report so you’d understand what actually happened instead of wasting it reading LOI’s that have been dead for nearly 7 years.
LCYB’s original bid included an earnout. Their final bid, the one that was accepted and the transaction closed under, did not.
You really should spend your free time reading the 6th monitor’s report so you’d understand what actually happened instead of wasting it reading LOI’s that have been dead for nearly 7 years.
I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.
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