A little bit of disclosures, I just sold a good portion of my $PSNL shares a few % above deal price. Will be holding the remaining plus some calls and see how things work
Based on the recent SEC documents:
- Chris and board were indeed trying to get a better deal from both $TEM
This is extremely critical, shout out to @updating_priors for identifying this
This $TEM$PSNL involves a Schedule 13E-3 going-private transaction. Because $TEM and $PSNL are clearly affiliated, $PSNL Board needs to explain and sign off why they think selling the company at
An open letter to @PersonalisInc$PSNL and @TempusAI$TEM leadership and boards
Absolutely amazing news from Merck and Moderna on their positive Phase 3 melanoma personalized cancer vaccine (PCV) trial. The market rewarded $MRK and $MRNA with a combined $50B+ increase in
$PSNL currently at $16 pre-market. Deal price was $16.25, with up to 50% cash at best (remaining with $TEM stock)
I think even without a competing offer, the $TEM deal is already broken. No sane $PSNL investors will vote yes to this $1.6b deal, when sell side consensus for
$MRK and $MRNA collectively gained $40b+ market cap today on the de-risking of personalized cancer vaccine platform
What happens when investors found out neither of them actually own the PCV development pipeline? 🤣🤣
Too big a risk for $MRK and $MRNA not owning the $PSNL