Sep. 3 at 2:32 PM
$LSTA Here's my take. All opinion based on what we know and don't know.
1). I think Kuva made AN offer like they said they would by August 31. This offer most likely was not for full
$4 upfront original amount, it was likely reduced. Or a completely different flavor of offer (i.e. asset sale only , license , etc). The reason I think the offer came is because I feel Kuva would have PR'd had they missed their OWN SELF DEFINED deadline of Aug 31. They would have likely released a PR saying 'we need more time'.
2). Because this 'offer' is likely not the original offer, there is probably some back and forth negotiating going on behind the scenes. Based on Lisata CEO email they are working 'several real opportunities' which likely means Reverse merger candidates. So depending on what the new Kuva 'offer' is depends on if we will hear something sooner or later. If Kuva offer is a licensing deal or asset sale we would likely hear something within weeks imo and RM would come later.
