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16 June 2021
09:41 hour

AbCellera announces private sale of 11.9M shares

Seeking Alpha

10/06/2021 - 23:39


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  1. AbCellera shares jump after bamlanivimab combo nabs FDA's EUA for COVID-19 treatment (10/02/2021 - Seeking Alpha)

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  2. Private Company buying back shares (18/05/2021 - Reddit Stocks)
    Why would a private company buy back shares from employees at a price well above the strike price? Is this a requirement to IPO? Perhaps the firm wanted there to be less floating shares out there? I would think that if they have decided to stay private, then they are under no obligation to do anything right?   submitted by   /u/donkeyspit007 [link]   [comments]
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  3. $ABCL $LLY - Cure for Covid? - 87% reduction in hospitalizations and death; no patients died who received the therapy (10/03/2021 - Reddit Stocks)
    The Press Release by AbCellera Today announced that the Phase 3 Trial of monoclonal antibody treatment (bamlanivimab (LY-CoV555) 700 mg + etesevimab 1400 mg (LY-CoV16) ) for COVID was succesful. Patients who received bamlanivimab and etesevimab together had an 87% reduction in hospitalizations and death; no patients died who received the therapy. Bamlanivimab was discoverd by AbCellera and the drug was developed with Eli Lilly and Company. In addition, the drug was recently approved by EMA and the US government already ordered 1.2m doses. The cost of the drug is "$1,250 per vial to wealthy countries", according to Eli Lilly and Company. In terms of investment, I think AbCellera is the best way to benefit from these developments. The company IPO'd at a very high price, but is currently trading at a lower price due to the recent setback in the (bio)tech stocks. AbCellera would receive royalties for the bamlanivimab part of the drug. However, I will have to check what the exact ratio would be that's owed to AbCellera. The CEO Carl Hansen suggests that it's 50% of the sales price or a different ratio in a recent SVB Leerink Webcast (I NEED TO VERIFY THIS, SO DO NOT TAKE MY WORD FOR IT YET). I will try to do more research on the specific ratio of the revenue they receive and edit my post when I find out. AbCellera is currently not generating a lot of revenue, but I think it's not to hard to imagine that this will change quite rapidly as the US and the EU start to integrate the drug into their pandemic response. The benefits of reducing hospitalisation and death is huge and AbCellera developed a platform to quickly adapt and develop new monoclonal antibodies for mutations of the virus. This is a quick write up that I wanted to share. It's not as detailed as I want on the financial side. but I think the opportunity is significant at the moment, so I wanted to post in anyway. This is not financial advice, the market cap is still quite high at 8.6b, so this is not a low risk investment.   submitted by   /u/insomniaxs [link]   [comments]
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  4. Was my sale reported as a purchase? (26/03/2021 - Reddit Stocks)
    Yesterday I sold short 50 shares of WFC. Since it was after hours, volume was very thin. I noticed it showed up as green in TD Ameritrade's ThinkorSwim platform. Wouldn't a short sale show up red (meaning the shares were sold?) Why would a short sale show up like this? https://imgur.com/a/wqHl0qi   submitted by   /u/VastCourage9493 [link]   [comments]
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  5. Retail Value announces sale for $10.3M (09/04/2021 - Seeking Alpha)

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  6. Can options contracts trigger a wash sale? (04/05/2021 - Reddit Stocks)
    Hello,I recently reading about the wash sale adjustment and was wondering if it also applies to the below options scenario: Suppose I have 100 shares of XYZ and do the following: I first sell a call option with September expiration against these shares. I place the order in May, with the aim of selling them at $10. Let's assume the $10 strike price would generate a loss Next, I buy 100 shares at $10 in May. Then in September at expiration, I am forced to sell my initial 100 shares due to the price of XYZ going above $10. Since I placed the option contract in May, would that trigger the30 day wash sale rule?   submitted by   /u/link8822 [link]   [comments]
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  7. Wash Sale Question (23/04/2021 - Reddit Stocks)
    I know what a wash sale is and how it works but what happens if it’s the same company but different stock tickers? I have quite a few shares of Z at a cost basis much higher than they are right now. If I sell those at the loss and lower my taxable gains on the year can I just turn around and put that in ZG and the Was Sale Rule?   submitted by   /u/Silent_Anybody5253 [link]   [comments]
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  8. Private equity conversion in an IPO (02/04/2021 - Reddit Stocks)
    When I hold a % equity in a private company, ie. 40% of the company, and that company approaches an IPO, is my private equity in the company converted into publicly traded shares? And the number of shares I receive is based on the valuation of the company?   submitted by   /u/Chemistryalex [link]   [comments]
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  17. Help needed - SPACs and their target acquisitions (12/03/2021 - Reddit Stock Market)
    Hi all - Sorry, n00b question here. Let's say I'm interested in private company that has been or is about to be acquired by an SPAC (AAA). At some indeterminate time in the future (yet to be announced), private company will receive an IPO and will trade on the market as its own ticker (BBB). My question is this: If I buy 100 shares of sponsoring SPAC (AAA) now, how do those shares work once the private company starts trading under its own ticker symbol, BBB? Do shares AAA convert to BBB? Do I retain AAA and indirectly reap the profits from their successful launch of BBB IPO? Do I need to separately purchase BBB shares? If I've made any errors in assumption or missed a key question, please feel free to educate me. And many thanks in advance for your help!   submitted by   /u/BijinRising [link]   [comments]
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  22. AbCellera Biologics EPS misses by $0.01, beats on revenue (13/05/2021 - Seeking Alpha)

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  23. AbCellera inks development agreement with Angios (06/05/2021 - Seeking Alpha)

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  24. AbCellera Biologics EPS misses by $0.14, beats on revenue (29/03/2021 - Seeking Alpha)

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  25. AbCellera's bamlanivimab wins EMA's positive recommendation (05/03/2021 - Seeking Alpha)

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  26. 1933 Industries announces C$3.5M bought deal private placement (10/02/2021 - Seeking Alpha)

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  27. EXFO announces going-private transaction by its founder and majority shareholder (07/06/2021 - Seeking Alpha)

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  28. Everbridge announces private offering of $275M convertible notes (08/03/2021 - Seeking Alpha)

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  29. Mack-Cali announces $255M sale of short hills office portfolio (20/04/2021 - Seeking Alpha)

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  30. Help me understand this Wash sale rule in taxes? (25/03/2021 - Reddit Stocks)
    I have a question about wash sale rule, if I buy on 3/10 25 shares of a XYZ stock @ $100 then on 3/13 price drop then I buy more @$80 then value keeps dropping and on 3/15 I buy 50 shares @$60 so far I own 100 [email protected]$75 average down then again the The stock price keeps falling then decide to sale all my 100 shares on 3/20 at $ 50. Now I have a loss of $2500. Why I can't claim this as a loss if I didn't keep any share? I know I bought share 30 days before but I didn't keep any or bought anymore after 30 days. My Robinhood taxes form added all this as a wash sale loss. I know the point of prevent Wash-sale rules is to prohibit investors from selling a security at a loss, buying the same security again, and then realizing those tax losses through a reduction in capital gains taxes. I didn't sell to claim losses and buy again I did it o avoid of losing more money and I never when back in.   submitted by   /u/GeovannaGavilanes29 [link]   [comments]
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  33. Igarashi Motors enters into SPA for sale of stake in BEDIPL (11/03/2021 - Money Works 4 Me)
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  34. dtn2021-12 - Introduction of Long Form Price Messages: Nasdaq Last Sale, Nasdaq Last Sale Plus, & Nasdaq Last Sale FilterView (16/04/2021 - Nasdaq Trader)
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  35. Lilly-AbCellera collaboration develops new antibody that can neutralize COVID-19 variants (04/05/2021 - Seeking Alpha)

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  36. AbCellera and Gilead inks new multi-year antibody discovery collaboration (01/04/2021 - Seeking Alpha)

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  37. AbCellera Biologics climbs as partnership business boosts 2020 revenue (30/03/2021 - Seeking Alpha)

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  38. AbCellera and Empirico ink strategic multi-target antibody discovery collaboration (14/04/2021 - Seeking Alpha)

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  39. NextEra Energy Partners announces private offering of $500M convertible senior notes (15/06/2021 - Seeking Alpha)

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  40. Catalent announces upsizing and pricing of private offering of senior unsecured notes due 2029 (10/02/2021 - Seeking Alpha)

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  41. Hemostemix Announces Closing of Unit Private Placement (11/05/2021 - Reddit Stock Market)
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  42. Wash Sale Question (16/04/2021 - Reddit Stocks)
    So I’m hyper worried about screwing myself on taxes and I think I understand a wash sale correctly, but I just need some reassurance. The question: If I buy a share at 100. The price drops to 90 so I buy another. My cost basis is 95, and the stock comes up to 95. But I have reason to think it’s going to drop more before coming back up. So I sell my 2 shares at 95 and reinvest when it drops back down. Is that going to make the first share ($100) considered a wash since I bought back in after the sale? Basically will the 2 share sale be a +$5 realized gain, or will that still be a +/-$0 when it comes tax time?   submitted by   /u/Logan_KW_ [link]   [comments]
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  43. Help with complicated wash sale question (08/06/2021 - Reddit Stocks)
    Round1 Let’s say I bought 2000 shares of XX for 20$ each Then I effectively sold 2000 shares for $10 each [Net loss $20,000] — Round 2- a few days later Then bought 3000 shares for $15 Then sold 3000 shares for $16, one day after buying [Net gain $3000] — Round 3- a few days later If I then buy 2000 shares back for $8 apiece [16,000 total], what is my official irs cost basis with respect to the wash sale rule? Is it 8, because in round 2 i sold at a profit? Or is it 17, because 20-(16-15)-(10-8)=20-1-2=17?   submitted by   /u/theworkingcell [link]   [comments]
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  44. AbCellera-discovered bamlanivimab combo shows promise in late-stage COVID-19 trial (10/03/2021 - Seeking Alpha)

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  45. How do shares of investment companies increase in value? (09/05/2021 - Reddit Stocks)
    An investment company has invested in several private companies. You can buy stock from this investment company, which I assume is invested in these private companies. But how do shares of the investment companies grow? If the value of the private companies rises, or somehow else?   submitted by   /u/Byloda [link]   [comments]
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  46. AFTER GME/AMC BECOME A BILLIONAIRE!!! (22/04/2021 - Reddit Stock Market)
    AFTER GME/AMC BECOME A BILLIONAIRE!!! The stock market as a whole will crash when gmc/amc pop, people with no clue will just bail. And when the market takes a nose dive it always OVER CORRECTS on the down, then bounces back, before it's back to business as usual. Over the history of the stock market EVERYONE that bought the dip of a big market drop came out of it WEALTHY. Now your saying, who the fuck cares, I have money ????????. But everyone loves more money, and this could be your one chance in a lifetime to buy quality stock at FIRE-SALE prices. And turn you into a person that could buy a house cash, to the person that can buy there own private island and private jet. DO THIS: make a list of quality stocks you would buy if only you had a chance to buy them on sale. Put this list aside for launch day. Don't wait to o this because when it's launch day your brain will be scrambled with emotions. At the right time, pull out your list and buy up these stocks with some of your winnings. See you on the other side.   submitted by   /u/State_Dear [link]   [comments]
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  47. Atlas Air’s Titan Aircraft Investments announces sale and leaseback of two Boeing 767-300ER aircraft (10/03/2021 - Seeking Alpha)

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  48. Wash sale question (26/02/2021 - Reddit Stocks)
    Reading up on wash sales. Does it only matter if the end result is a loss? What if you trigger a wash sale but the sum of all your transactions is a gain? Did that wash sale matter? Are there consequences elsewhere? For example, you bought 200 shares of stock ABC and sold at a 50k profit. The next day, you buy back for fewer shares (50) and are at a loss. Then you sell at a loss when the stock is high (within 30 days and still at a loss) and then buy back in when it’s low. But then you make gains and sell again. Is there a negative to that? Does it matter if the sum of all those transactions is a gain!   submitted by   /u/HSUbablue [link]   [comments]
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  49. Wash Sale - I had no idea (31/03/2021 - Reddit Stocks)
    New retail investor here, about 2 months now. I've done a fair amount of reading to familiarize myself with the basics of buying/selling stocks but never once came across thus. I had about $1,000 in one stock that dropped about 36% over the past week or two, so I decided to cut bait on half of my holdings (highest cost basis shares). What I didn't realize or understand was this thing called a Wash Sale, which increased my cost basis on my remaining shares by about 15% above my previous average cost. At this point I don't know what to do. And before I realized the Wash Sale thing I was actually inclined to buy back more of that same stock at the lower price. I suppose I can't do that for at least 30 days now? Do I now hold them for a year? Thanks in advance for your help.   submitted by   /u/rna32 [link]   [comments]
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