$295 million acquisition and additional payment of up to $55...
$LumiraDx(LMDX.US$ $295 million acquisition and additional payment of up to $55 million, totaling $350 million. Approaching Enterprise Value: $398 million, expected to be completed by mid-2024. October 2 announcement: 6-K data. Non current assets: $165 million. Current assets: $176 million. Total assets: $340 million. Non current liabilities: $165 million. Current liabilities: $390 million. Total liabilities: $545 million. Approximately $200 million. Funding gap. Key time point is in January 18, In 2024, it is possible to transfer the OTC market for final liquidation, or acquire all assets, debts, and equity, but the possibility is unlikely. Please also pay attention to the Short Selling Data
(FYI)
Delisting of Company Securities In light of the events described above, the Company extends to draw its actual of the termination by the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") to delist the Company's common shares from The Nasdaq Global Market As a result, the Company benefits that Nasdaq will cancel the heating that is currently scheduled for January 18, 2024, suspend trading of the Company's securities and file a Form 25-NSE with the U.S. Securities and Exchange Commission ("SEC"), which will remove the Company's securities from listing and registration on Nasdaq
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
God-power OP : This company once generated revenue of over $100 million per quarter from 2020 to 2021, which is a bit regrettable now!