Conavi Medical Corp T.TMD

TMD Titan Medical merger with Conavi is great news for share

[MrBinks]

Patience has paid off for TMD share holders. The merger details are set to be finalized by July . This stock is expected to start at 0.30 which is triple it's current stock price. https://ir.titanmedicalinc.com/news-events/press-releases/detail/403/titan-announces-merger-agreement-with-conavi

With Conavi’s commercial hybrid imaging technology and anticipated financial resources from the merger and financing, the combined company aims to drive market penetration in the fast-growing field of intravascular imaging for coronary procedures. The deal transforms Titan from an R&D-stage firm into a revenue-generating medtech leader.

[drixneon]

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[Pandora]

A 25 for 1 consolidation suggests a price around $1.25 to $1.50 based on a current 5 cents, maybe 6 cents. The name will change to Conavi and the transaction is expected to close on October 11, 2024 (Friday) so it should open on Monday under the new name and price. What are the views for the new company? Growth from the get go or a slide backwards? Consolidations never seem to have a positive