No the reason LC mentioend they are a "continuing supporter" is because they (susquehanna) were part of a previous CR for IMU at a much higher price about 18-24 months ago.
(how do I know? - incannex CEO got funding from Susquehanna about 2 years ago (they have been absolutely smashed past two years since then). At the time in a webinar he mentioned that other companies have been funded by Susquehanna (including IMU). He was trying to provide assurance that other bios have been funded.)
Meanwhile IMU price has gone down markedly since that CR - you can bet susquehanna hedged that previous CR and have made money on way down.
There are articles all over the NYT and other places that talk about Jeff Yass and Susquehanna practices. They go into detail on their practices of hedging and how they do this for tax purposes in v shady ways etc.
Susquehanna funding and continuing support is a very very bad sign
opinions only etc
IMU Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
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