I may be entirely mistaken, as is often the case, but upon reviewing the comments released in yesterday’s Quarterly 4C regarding the evaluation of a potential dual listing on NASDAQ and ASX, I noted the mention of a “successor’s entity” in the context of the dual listing.
I believe that such language is commonly included in these communications to account for the possibility of changes in Anteris’s structure or legal status. (This could potentially be a significant clue.)
This provision is standard to ensure that the evaluation for a dual listing extends to any entity that might succeed Anteris in the future due to corporate actions like mergers, acquisitions, or other transformative events.
They add a notable caveat, emphasising that the mention of a “successor’s entity” does not necessarily imply ongoing discussions about a merger or takeover at this stage. However, it establishes a framework for the continuation of the evaluation process, even if there are changes in the corporate structure.
Others thoughts
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-23
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