NNVC - NanoViricides, Inc. Message Board

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Biotech / Medical : NNVC - NanoViricides, Inc.

NNVC 1.900

-4.3%

3:59 PM EST

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To: cacmed who wrote (10401)	6/7/2018 6:21:27 AM
From: old 'n cranky	Read Replies (1) of 12871

Apparently the settlement of the BIND bankruptcy resulted in the creation of a fund from which a distribution was to be made to shareholders (as a result a fund created by the acquisition of BIND assets by Pfizer). It was originally described in this BIND 10-Q: sec.gov As these things go there were a number of changes in the above description and you can probably find the final terms if you try REALLY HARD. As indicated in the heading of the above you are probably seeing references to "DNIB UNWIND, INC." which is "(f/k/a BIND THERAPEUTICS, INC.)" on your checks. I think you'll find that a common shareholder who gets 20% of their investment back in a bankruptcy is pretty lucky.

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