Antibe Therapeutics Inc(Pre-Merger) ATBPF

Amalgamation and shares

[Edou111]

Anyone has a clue as to what is going to happen with our shares once the amalgamation is completed.  Are we going to witness any changes in numbers or value ?

[AntibeTribe]

tbh at this point, I'd say it'll be just like the recent NRs. Prob be a slightly red day, if I had to guess.

[Edou111]

So it wouldn't change the status of our shares ?

[Forestview]

The stock is being pummeled so, I hope to think that when it's done, the market will embrace the stock.  But for now, it'll likely continue lower until it happens.   For the more knowledgeable folks - will the Market Cap increase?  I'm asking because if we see an influx of shares for AH, but a fixed Market Cap, then the share price will drop, right?  

[Doccole]

The total float anticipated is around 75m.  That's the number being tossed around here. a billion dollar eval with that will put us at 13ish.  I believe we will see that in the fall.  The catalyst holding us back in a clear focus on total shares, and the potential the phase 3 gets pushed back due to covid.  I imagine this will move once these questions are answered

[Forestview]

So, if we are 75,000,000 shares after all is said and done, and the MC stays at $200M before it starts climbing, then our share price will be at $3.39.   Yikes. But, I do wish they'd just rip off the bandaid and get this over with.  This waiting game is excrutiating.  

[Doccole]

Correct. The most therapeutic thing to do is not look at this lol! I hit my share mark.  It's life altering if we get a 3b evaluation.  I would be down with that in 36 months.  Hope it's possible!