SRDX - SurModics - Biotech IPO Message Board

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Biotech / Medical : SRDX - SurModics - Biotech IPO

SRDX 27.57

-2.0%

Apr 17 4:00 PM EDT

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From: Lance Bredvold	1/13/2025 12:04:33 PM
	of 83

And today down 5%. Lawsuits from stockholders in NY? I wonder why since I and I expect most others have had only gains recently. Some may have bought high and think $43 is not enough because the price was quite high in '21 and very high a couple of years earlier. I guess if I was worried enough I could look up those lawsuits which seem to be over the proxy for the company sale. I was sort of surprised by the sudden approval by shareholders when I knew the date but saw nothing asking for my vote. And I was surprised that management wanted to go private in the first place as I was willing to invest on the eventual return to profitability. So maybe those guys prefer that also, but the process mgmt went through trying to locate a buyer led me to believe they got a fair price. Maybe not?

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