Replies to post #238774 on Biotech Values

[RNsidersbuying]

LUMO 8.95 - still showing around $12.00 BV (mostly cash) after the recent Q-filing. Flipped out of about 2/3 of my position.

Anyone know of any others trading at a pps well below 'above $10' cash-per-share?

[DewDiligence]

LUMO goes private @$4.25/sh+CVR—an 8% premium to yesterday’s close:

https://www.globenewswire.com/news-release/2024/10/23/2967721/15114/en/Lumos-Pharma-Enters-into-Definitive-Merger-Agreement-with-Double-Point-Ventures-to-Go-Private-via-a-Tender-Offer-of-4-25-Cash-per-Share-Plus-Contingent-Value-Rights-CVR.html

The buyer is Double Point Ventures LLC. The nominal deal value is $38M.