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DewDiligence

09/21/22 11:59 AM

#243894 RE: DewDiligence #243892

SESN -38% on reverse-merger announcement. This is odd insofar as SESN shareholders are getting a bigger slice of post-merger equity (~42%) than you typically see in a reverse-merger where the publicly listed company is effectively a shell.

p.s. SESN’s CEO said there were 42 bidders who wanted to reverse-merge with the company.