THNK Go Private Discussions?I've now heard from two industry sources that believe THNK is having go private and/or sale discussions with a strategic / Private Equity frim. This, they say, explains why an earnings announcement hasn't happened yet despite only 10 days remaining until end of the month, company switched to analyst expectations from their own guidance during recent conferences/presentations, and CFO departure (due to redundancy post transaction).
More broadly speaking I would say that M&A chatter in the healthTech space has definetely picked up so it may be possible that THNK has been approached. Lots of capital sitting on the sidelines looking for acquisitions. Would they do a deal? Tough to say but I'm sure managment is feeling frustrated at the significant loss in value of their shares/options since the IPO.