Check out the BAF market update today.
Foundation Early Learning has been exited subject to FIRB at a discount to carrying value of 14% to 22%. There is no mention of discounting their booked performance fees, no acknowledgement of Glaucus being correct in its criticism, absolutely no ownership of the issues raised in Glaucus report at all.
Literally a nothing to see here approach... This stock will close the day below $3
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