That's one thing, I didn't think of. I've seen p
Post# of 148190
I've seen public corp that are going to be profitable, been taken PRIVATE, for cheap.
They drain the money out of them for a few years, before make them public again.
The way that you describe it, he might have plans to take it private to own Lerinlomab for cheap. Maybe just a Billion or Two.
Continue with a big salary, and as a major stockholder make Billions, and in 10 or 15 years when many new drugs are out there, IPO for tens of billions and make some more money.
If that was the case, NP saved our investment.
By Goldman being involved, now it makes sense, to me. They pay the money, RP becomes CEO, gets more shares, salary bonuses, make 10s of billions.
That's the best revised version of what you are saying, which makes sense to me.
ALL, IMO
For instance, Blue Coat was taken private for a Billion or so. They made hundreds of millions in profit each year, and just 3 years ago tried to go public for I think somewhere in the 5B range, and they did a reverse merger with Semantic which was much in trouble, to get more, and keep the jobs.
DRYS, also a few years ago, after screwing shareholders many time, George E. the CEO became the major shareholder, and upgraded all the fleet, and just sold the corp for cheap. Likely, will IPO again in a few years parts that are not profitable.