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Biotech / Medical : 2021 Biotech Stock Picking Charity Contest

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From: technetium10/25/2021 12:21:45 PM
   of 307
 
Esperion (ESPR) -10.7% Will Exchange $15 Million in Principal Amount of its 4.00% Convertible Senior Subordinated Notes due 2025 for Common Stock

finance.yahoo.com

I assume this means a dilution of shareholder value for other common stock holders. They are running low on cash, although the chief officers are well paid.
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