Replies to post #47508 on Avid Bioservices Inc (CDMO)

[cheynew]

I thought the language of the r/s specifically addressed that and that $55 was the new number. $11 isn't good news.

[TXDESERTFOX]

You should ask them again. The poison pill language specifically provides for adjustments and according to that language the number changed from $11 to $55/share. Additionally, several posts on this board have covered this topic. Check the SEC filings if you want to read the language yourself.