ONCY accumulated deficit (Tax losses applied to a buyout) ONCY's accumulated deficit a/o September 30, 2023 was approximately $442 million.
ONCY's estimated accumulated deficit a/o December 31, 2023 is approximately $450 Million.
Consequently any buyout offer for ONCY would take into account the accumulated deficit of approximately $0.5 Billion in the price for the company such that a US$ 7.5 Billion offer for ONCY would effectively be approximately US$7 Billion.when taking into account the acquired benefit of the accumulated taxes loss that would come with the acquisition of ONCY.