LumiraDx Stock Forum

72125398 : other way around bro. Ron want to take ElextraDX public using a reverse merger with LMDXf

O’Blaze : At this point it is a wait and see scenario.
Things we know include:
Roche bought the Point of Care technology for a purchase price that wiped out LumiraDX's debt.
The rest of the subsidiaries were voluntarily liquidated, no public information on the amount of proceeds from liquidation yet.
Any proceeds after debt is paid needs to get thru the tax process before distribution to stockholders.
A few key dates to think about are the last stock purchase by insiders, to avoid short term capital gains.  They may want to delay the final announcement and distribution or conversion until they pass a year.
I'd look for a distribution somewhere after February.
There is also a small chance we won't receive anything, however, that would be highly unlikely since Roche paid off the debt.
Please add if I missed any key points.

WAITFOR88 O’Blaze :

Patrick Rawls : could go private

WAITFOR88 : April 2025? Why is it so late? Is there any information about when the payment date will be?

WAITFOR88 : The ticker is still there. Will it be changed to another symble?

73497473 : You're commenting now ???  Where have you been all this time ???

72464536 OP 73497473 : Just lurking. My brokerage updated today.

M3LANI3 : There’s a lot of talk on Stocktwits currently…looks like we may need to sue

Patrick Rawls :

71573427 :