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Bullboard - Stock Discussion Forum Baudax Bio Inc BXRXQ

Baudax Bio, Inc. is a pharmaceutical company. The Company is focused on developing and commercializing products for hospital and related acute care settings. The Company's lead product candidate is ANJESO injection. ANJESO is a cyclooxygenase-2 (COX-2), a preferential, non-steroidal anti-inflammatory for the management of moderate to severe pain, which could be administered alone or in... see more

PINL:BXRXQ - Post Discussion

Baudax Bio Inc > BXRX ..... Important info to note:
View:
Post by Iseneschal on Feb 25, 2022 12:17pm

BXRX ..... Important info to note:

The "Deemed value " on the post RS shares is ~$6.00 (about 2.9 million shares post split)....

The P.O is 3.5 million shares at $2.85 (shs + 3.5 m warrants)

This is still a very tight deal

A break of $2.05 is the 1st target.


 JMHO
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