Update
$Seres Therapeutics(MCRB.US$ Press Release: Seres Therapeutics Enters Into Memorandum of Understanding For Vowst(TM) Asset Sale to Nestlé Health Science
Dow Jones· 4 mins ago
CAMBRIDGE, Mass., June 06, 2024 (GLOBE NEWSWIRE) -- Seres Therapeutics, Inc. (Nasdaq: MCRB), a leading microbiome therapeutics company, today announced that it has entered into a non-binding memorandum of understanding with Nestlé Health Science for the sale of Seres' VOWST assets that will provide Nestlé Health Science with full VOWST product and related intellectual property rights. Under the terms of the pending agreement, Seres is due to receive capital infusions, including an upfront payment. Seres expects to complete the transaction within the next 90 days, subject to the negotiation of definitive agreements, Seres' shareholder approval, and other customary conditions.
Dow Jones· 4 mins ago
CAMBRIDGE, Mass., June 06, 2024 (GLOBE NEWSWIRE) -- Seres Therapeutics, Inc. (Nasdaq: MCRB), a leading microbiome therapeutics company, today announced that it has entered into a non-binding memorandum of understanding with Nestlé Health Science for the sale of Seres' VOWST assets that will provide Nestlé Health Science with full VOWST product and related intellectual property rights. Under the terms of the pending agreement, Seres is due to receive capital infusions, including an upfront payment. Seres expects to complete the transaction within the next 90 days, subject to the negotiation of definitive agreements, Seres' shareholder approval, and other customary conditions.
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Trytosaveabit OP The Real Wojak : Hehehe! Tell me how you really feel? GL and big profits to ya today![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
The Real Wojak : Fuckin scam
Trytosaveabit OP The Real Wojak : Maybe but let’s look at just some numbers! It’s almost 20% SI with zero shares LTB! It’s had almost 1 million more buys than sells so far today! So it sure looks to me that SS’s are getting help from MM’s to drive price down? It’s not normal PA so I’m sure at the end of the day when the numbers come in. It will show that a good percentage of the volume was routed off exchange? That would keep true price discovery hidden/off the board! But will explain how it’s falling so much! And that’s not the company’s fault from a price point! I respect your opinion! But just from a PA standpoint. Gotta disagree! GL to ya![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
The Real Wojak : It’s goin down
Trytosaveabit OP The Real Wojak : Yup! You’re right!