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 > Is this Math Correct?

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Post by archeo753on May 17, 2024 8:26am

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Post# 36045006

Is this Math Correct?

So with the new exchange ratio CZO shareholders get 0.02360 shares of AEZS for each 1 CZO share. AEZS mshareholders get a virtually free .477 share warrant upon closing. So the true value of a current AEZS is today's price $11.55 X 1.477 = $17.06. Since this is supposedly a merger of equals shouldn't the current value of a CZO share be $17.06 x .02360 = $.4026. What am I missing?

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