Ceapro Inc V.CZO

Chemicals Specialty Chemicals

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human, and animal health industries using technology, natural, renewable resources, and developing products, technologies, and delivery systems. The Company's products include a commercial line of natural active ingredients, including beta glucan, avenanthramides (colloidal oat extract), oat powder, oat oil, oat peptides, and lupin peptides, a commercial line of natural anti-aging skincare products, utilizing active ingredients, including beta glucan and avenanthramides and veterinary therapeutic products, including an oat shampoo, an ear cleanser, and a dermal complex/conditioner.

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Ceapro Inc > Fairness opinions aren’t

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Post by lscfaon Feb 28, 2024 3:51pm

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Post# 35904770

Fairness opinions aren’t

using volume weighted average stock prices for the 32 trading days before merger announcement gives CZO 63% of combined mkt cap but Bloom Burton says 50% is fair. It gives AEZS 37% of combined mkt cap but Raymond James says 50% is fair. What a crock.

$cdn	CZO	AEZS
Vwap nov1-dec 13	0.27	2.54
Shs o/s	78,293,177	4,855,876
Mkt cap 000’s	21,139	12,334
% Merged mc	63.2%	36.8%
Sept book equity	29,963	35,213
% merged b.e.	46.0%	54.0%