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drbio45

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drbio45

Re: DewDiligence post# 69394

Wednesday, 12/03/2008 6:38:37 PM

Wednesday, December 03, 2008 6:38:37 PM

Post# of 257259
EVTC went public in 2007 by consummating a reverse merger with Renovis (#msg-22980262).]

evotec was public on the frankfurt exchange. They listed on Nasdaq by merging with Renovis but they paid a premium to its cash. The reverse mergers usually discount the cash.
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