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Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug,... see more

GREY:ATBPF - Post Discussion

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Post by Forestview on Apr 05, 2021 1:32pm

Emailed Dan

To see what is the timing on the ATE/AH amalgation completion.   Based on the MC and SP, looks like there are 45.5 million ATE shares outstanding.  I think after all is said and done we will be around 65 to 70million (that would include all the RSUs, bought deal, etc.).  

I'll let the board know if I hear back.
Comment by Marky1 on Apr 05, 2021 7:54pm
Thank you for your efforts! I calculated your figures and I do feel that they are a bit high ...65M shares is 43% dilution while 70M is a whopping 54% dilution...You are probably somewhere in the ball park, I would say 64M or 42% dilution sounds about right...Remember, Dan and Johns holdings are diluted as well. No matter how many shares there are...4B$ USD  is where we will be bought out, in ...more  
Comment by 123ABC on Apr 05, 2021 8:49pm
Let me guess, you came to that figure because of Don Haut and the AskBio deal?
Comment by Marky1 on Apr 05, 2021 9:01pm
Actually, Mugsy showed me a company called Palladin...which sold for 3B$ usd in 2014...The stock price went from 1.50$ ( original IPO ) to 150$...100 X increase...took12 years of stagnant SP, but at the end of the day, it made a lot of shareholders a lot of $$$ Thank you Mr. Mugsy!
Comment by Amigo11 on Apr 07, 2021 8:47am
Palladin was a great hit but it also had Jonathan Goodman at the helm ;now at the helm at GUD.Difficult to compare
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