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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


PINL:FRTX - Post by User

Comment by skiptoggleon Dec 23, 2019 11:17pm
210 Views
Post# 30486432

RE:RE:RE:Escrowed shares

RE:RE:RE:Escrowed sharesyou get 600,000 shares of stage holdco. Stage holdco is the 10% of Stage Completions that BBI purchased.  Stage have not gone public with any shares so they are worth the square root of F/A right now and StageHoldco is bleeding value thanks to a director that is spending money that will be deducted from any future value those shares hold.
Tuco110 wrote:
 
So when the warrant holders exercise they get .1 share of PIPE but also one share of stage. So if you have 600,000 wts you get 60,000 shares of PIPE and 600,000 shares of stage?


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