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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.


GREY:FRTX - Post by User

Post by Bosoxpjon Sep 06, 2023 10:56am
149 Views
Post# 35621851

Voted against.

Voted against.

I do think the company will do fine in the long run, but my vote was more against Pipestone governance than the deal.  Don't think it will make a difference in the end but I didn't want my shares to be part of management victory lap trying to spike the football saying they got a high percent of votes in favor.  

In my opinion neither company did a good job justifying or even cared to justify the  accepted  share exchange, pipe bought shares back higher than they are valuing the company in the takeover, and I have no clue why we would want to make our shares more restrained than they already are.  WEF will instantly be the new Riverstone with even more leverage and less shares on the open market.  


im one of those idiots that rode this thing up and down many times, continually buying on the dips as I felt a strong deal that gets full value would be around or the company keeps going plugging along.  Still green but man am I kicking myself at this time.  


I hope this post doesn't age well and the new company does great by shareholders.

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