Replies to post #45569 on BioAmber Inc fka BIOAQ

[101King_Kong101]

It seems like Mitsui knows what's under the black boxes because they're not trying to block the entire sale. They're actually telling the US Court to agree with Canada in order to hurry the sale along.

Mitsui submits that this Court’s entry of the Proposed Order should be
consistent with, and subject to, the Canadian Court’s final approval of the allocation.

Remember
1) LOI had a price attached to it that secured creditors conferred with by PwC.
2)APA states the PwC sets the allocation schedule on its own accord.

They want the PwC to release its allocation schedule before the transaction is closed.