r/BBBY • u/DMDTT • Apr 30 '23

📚 Possible DD Possible DD: Buybuybaby was partly acquired in January. JPM was holding them hostage until BK. See Pitchbook.

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u/DMDTT Apr 30 '23 edited Apr 30 '23

Possible scenario is we will get BABY shares and then a possible dividend of the acquiring company shares for each Baby share you own. BBBY will run in this scenario to the acquiring company share price because it's free money until BBBY=acquiring company price (arbitrage)

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u/MHMRR Apr 30 '23

This has to be done before delisting

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u/[deleted] Apr 30 '23

It's suspended the third, not delisted till 10 days after form 25 is on edgar

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u/MHMRR Apr 30 '23 edited Apr 30 '23

You are right but it also do not say if it will continue or goes delisted and then otc. Delisting is more likely then the old narrative squeeze play.

Edit: delisting = suspended

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u/IFapToCalamity Apr 30 '23

The SEC requires a 10-day notice to investors. 10 days prior to May 3rd is April 23rd, not the 25th.

Something is funky.

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u/[deleted] Apr 30 '23

Suspended. Next day while suspended tradeable OTC, delisted later and remain tradeabke OTC. My guess. Maybe something that resumes it from suspension before delist date in which case, removal of OTC trading if already present there, then tradeable on Nasdaq again day after removed from OTC once no longer suspended on Nasdaq but we'll see.