Market CapSo if the goal is to depress the market cap of CZO to such a low level that the merger looks like the only path forward they are succeeding. Pathetic. AEZS is starting to look like the dominant company especially when you take into account the near 50% premium that AEZS shareholders get with the warrants they recieve prior to closing.
"Additionally, as part of the transaction, Aeterna will issue to its shareholders immediately prior to the closing of the transaction 0.47698 of a share purchase warrant for each Aeterna common share held as of such date. Each transaction warrant will have a term of three years and each whole transaction warrant will be exercisable to purchase one common share of Aeterna at a nominal exercise price of one U.S. cent. Holders of Aeterna's currently outstanding warrants will also be issued transaction warrants in accordance with the anti-dilution provisions of such warrants. "