RE:RE:China Daily Article Maybe... just maybe...
...Kellum is "getting extra picky" on the last 20 or so...perhaps in anticipation that the CG due diligence on Vantive will stretch into Q1 ( as Baxter has already warned may be the case)
If CG wants both Vantive and Spectral as a key part of their go forward strategy - they don't want the word out on the street about Tigris before the Vantive buyout finalization. ( eg could invite competitors for pMX, a desire to preserve as much of the "sizzle" as possible for a later date, etc.). Though interesting there is some perhaps loose-lipmanship going on by the new Vantive CEO.
A possible and logical sequence as I see it:
-CG closes on Vantive (Q1)
-TOP Line on Tigris is released ( shortly thereafter )
-CG makes an offer for Spectral shares ( shortly thereafter)
-Offer accepted by > 50% SH vote ( in the bag)
-FDA makes its final official decision on the fast tracked PMX ( mid 2025?)
-Vantive as the new owner of NA rights to PMX ( wider?) then sells the sizzle to boost the value of Vantive ( IPO in the future?) Imagine (1) maybe worldwide distro. rights to PMX, (2) worldwide rights to the companion diagnostic- EAA, (3) a cleared PrisMax pump for HP ( and with the only logical competitor tamped down), and (4) owning the one-two Sepsis punch of OXiris and PMX. If achieved, the world is their oyster!
Analogy. When Buying a house... Less subsequent offers come in for a house that has a conditional offer on it. And as a buyer you don't want the word getting out that the house may be sitting on a gold mine.
jus spectralating/theorizing here. I could be totally wrong. Dyodd.
MM