There are many scenarios for a buyout... that's why you can't get a straight answer.
There are two main type of buyouts a cash buy out and a share exchange. (Many others as well)
Cash your is simple at $x per share the stock pmcb ceases to exist and you get paid.
Share exchange the buying company issue x # of share of their company for each share of pmcb.
To further complicate this ... I doubt that pmcb sells their company but rather the rights to the use of Ciab or Licsenses it for the pancreatic cancer treatment ... and used the proceeds to fund the diabetes trial and other trials. Under this scenario it will likely be a cash payment lump some or payments over time. Either way the share price will skyrocket. It would be up to you whether you sell or hold for the big diabetes payout
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