Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) ATBPF

Healthcare Biotechnology

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug,... see more

Add To Watchlist

GREY:ATBPF - Post Discussion

Antibe Therapeutics Inc(Pre-Merger) > Shareholders of Antibe Holdings Inc.?

View:

Post by MasterAlgae on Dec 18, 2020 9:17am

Shareholders of Antibe Holdings Inc.?

The public company needs to acquire all the IP rights from the holding company.

So in one way this could be the exit for management and new managemnt team could slide in and take this towards the end.

The owners of the holding company are at the front of the line for a payout....fair-enough I guess.

What would you hold out for? 20 million?

164

Comment

Comment by Forestview on Dec 18, 2020 9:25am

What do you mean by 20 million? Is the only implication here that the shares are diluted, or is there something else? I expect it's going to be a rough day for ATE on the market. Again. My concern is any good news forthcoming only gets it back to that $4/share level and not much more unless we start hearing about some dollars. The management is really testing ...more

Comment

Comment by Layth1990 on Dec 18, 2020 9:27am

They knew about this before but refused to tell shareholders. i guess that is why they did consolidation. not for Nasdaq! they just don't want the stock fall bellow 30 cents and made it dollars now to be more appealing. Also, the sharp fall we saw, I'm sure insiders families were selling I'm really disappointed, it was like a set up.

141

Comment

Antibe Therapeutics Inc(Pre-Merger)