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Liminal BioSciences Inc. LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Bullboard Posts
Post by james700on May 21, 2019 11:23pm
133 Views
Post# 29762268

Prorating a d Rights Subscription

Prorating a d Rights Subscription
736M shares outstanding. Let's say only 50% of shareholders subscribe for max 20 shares. 368M x 20 = 7.36B. Cap is set at 4.9B which is 66.5% of 7.36B.
So you would be able to buy 20 x 66.5% = 13 shares. If you only subscribed to 10 then you could only buy 6.6 shares.
Bullboard Posts