When was the last time a company was bought out and given shares at a 100% premium to current share price of the company buying them lol. Usually given a 10-15% discount on current price. Huge show of confidence from APIRx to go through with the deal considering what they could get shares for currently. Anyone who is currently a shareholder in APIRx is 50% in the hole. They clearly think they are going to get that money back and some relatively quickly or why not renegotiate terms?
