Replies to post #54891 on BioAmber Inc fka BIOAQ

[underdog150]

Sellers are taking advantage of all the nice fat bids sitting there before D day. The believers made their bet, and are now getting all the shares they hoped for. Good luck to them.
What makes you think there will be another extension?
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January the 4th approaches, the day the court is supposed to close things out. I expect another stay, but sellers likely aren't taking chances that the price of the shares will get any better before they are eventually cancelled.

[101King_Kong101]

Why would the court approve an extension?
Didn't the garage sale style liquidation close on 10/22?
Didn't the KKR/LCY joint venture known as LCY Biosciences purchase everything for two pennies on the dollar?

It seems pretty easy to divvy up what's left of $4.3M to creditors after the $1.5M in "professional fees" paid to PWC and their counsel for overseeing the garage sale.

...weird.