Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[thefamilyman]

Drano - "Question about options: if STSI were to spin off a company to deal with, for instance, a royalty stream from e-cigarettes, what would happen to option holders? Would they have to exercise the options early (at a loss, probably) to get any benefit from that? Or would the options be re-priced somehow?"

If the spin off was on a 1 to 1 ratio and resulted in two publicly traded companies with an equal number of outstanding shares, I believe that you would be issued an equal number of shares and/or options for the spin off company as you owned in the original company. The market would then determine the pricing of each...