Post by PressRelease on Mar 12, 2024 2:10pm
New Press Release - Aeterna Zentaris and Ceapro Merger Approved by Securityholders at Special Meetings
Comment by
lscfa on Mar 12, 2024 4:01pm
15 million AEZS Shs o/s post merger. Are they really going to consolidate down to 4 or 5 million Shs?
Comment by
prophetoffactz on Mar 12, 2024 4:08pm
This merger was put together at the bottom of the biotech market. They had to guarentee the new company wouldn't be up for listing review in a difficult market. If current market conditions are here to stay and AEZS/CZO clear the key hurdles immediately before them(diagnostic data, PGX scale-up, etc.) we could be talking share-splits.