RE:Lucira filing for bankruptcy :( My thoughts:
1. Lucira has a mc of
USD 7 M (approx.
CAD 9.5M) - while its financials are bleak, something DM may be able to do is absorb with a mix of debt, cash-on-hand etc, through a penny-on-the-dollar deal - without absorbing its liabilities;
2. Lucira trades on Nasdaq under
NDAQ:LHDX, which may provide DM with an expedited access to NASDAQ...especially if AnalyticsGPT leads to DM's sp to increase significantly;
3. US and European markets. While it only has one brick-and-mortar location in Emeryville, California (by San Francisco), it also has an online presence to cover the broader US and European markets, which could contribute to Medicall gaining a broader foothold in both these markets.
Food for thought...