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Bullboard - Stock Discussion Forum Quest Pharmatech Inc V.QPT

Alternate Symbol(s):  QPTFF

Quest PharmaTech Inc. is a Canadian biopharmaceutical company. The Company is developing products to improve the quality of life. It is developing the proprietary, MAb-AR9.6, targeting MUC16 as a diagnostic agent for cancer. MAb-AR9.6 is licensed from the University of Nebraska Medical Centre and is in late preclinical stage development. The Company has a 42.5% ownership interest in OncoQuest... see more

TSXV:QPT - Post Discussion

Quest Pharmatech Inc > Has the deal gone through?
View:
Post by TrickyGame on Apr 13, 2022 11:15pm

Has the deal gone through?

QPT didn't PR anything about recieving that 1% $1.75 million payment if the deal/merger  was not completed by Feburary 24. Korean regulator had until April 14,2022 to sort this out. It's 12:15 pm April 14 in Korea right now.  The stock is up 30% in a week. Is this finally the end of this long process?
Comment by PosNeg1 on Apr 14, 2022 3:11pm
Nope, insiders exercising options today.
Comment by TrickyGame on Apr 14, 2022 7:15pm
Could they be exercising because they think the deal will go through?