Avid Bioservices Inc (CDMO)

[entdoc]

jess, good question, but does it matter? As a physician I should be well-versed on poison pills, but I need a primer here. Tell me if I am wrong, but if poison pill provisions are triggered, isn't the option for more shares at current price simply a hedge? And doesn't it in some ways discourage disgruntled stockholders from filing a suit because management gives away the store at a price lower than true value?