RMB, can you tell me how many companies have ever been delisted (due to non-compliance of stock price), and then emerged with a favorable sale to a buyer?
Being delisted happens to companies because they have essentially been devalued by the market to a point where nobody wants to buy them, and they are considered basically worthless. I mean, Amarin has been deemed essentially worthless already (trading below cash on hand).
And if a BP was really "interested", they would buy them. Or...they would wait until they get delisted, and then buy them for pennies on the dollar, and guarantee themselves a great return in the future.
Amarin would not be in any position to negotiate a meaningful price for shareholders if they got delisted.
I don't see why, if the goal is to sell V to a BP, it is necessary to remain listed on the Nasdaq. If a highly effective drug that a BP was interested in was owned by a private company I assume they would still be able to consummate a deal assuming terms were agreable to both parties.