Aurora Acquisition Corp (AURC)

[Lochan]

The company says its shares are worth 2-3 dollars but their
counteroffer was only .68. That tells me they were trying to establish a much higher buyout price from some other company
if the counteroffer of .68 is not accepted. However, they may also end up accepting a slightly lower offer in cash from the current buyer along with a share issuance from the acquiring company to bring the value of the deal up to at least a dollar per Aurus share. Just my intuition.