2-million-dollar feeBioasis market cap as of today is 2.52 million USD. Ladenburg Thalman will receive 2 million USD for their fee in brokering this deal.
Let that sink in.
Bioasis the company, its XB3 technology, all its intellectual property, over a decade of work, and all the preclinical research and development is essentially being valued on par with a fee for concocting this ridiculous deal.