Strategic Asset Leasing Inc (CE) (LEAS) Quote

On the expert market, the stock can trade, but quotes of the bid and ask cannot be made public, shareholders/investors are flying blind. That’s why volume essentially goes to zero.

$LEAS When stocks go to the Expert market they are not available for trade on the Open Market...but can be bought and sold by marketers and brokers and they usually shred the price.
I do not believe this will have any affect on the Merger or the share conversion.
$LEAS $RWOD $WENA

LEAS remains on Scam Alert!

Everything looks to be on course.
No new PRs or Filings...but no red flags either.
$LEAS $RWOD $WENA

when will it release is the magic question

$LEAS $RWOD its happening

"When a SPAC merges, SPAC shareholders must believe they will receive about $10 per share in value to justify giving up their option to redeem at about $10. Target shareholders, however, will not agree to a merger unless they receive shares in the post-merger company at least equal to their estimation of the pre-merger value of their shares. Therefore, if target shareholders value SPAC shares only at their cash value, and negotiate a deal based on that value, SPAC shareholders will see their shares fall in price following the merger. For example, for the median SPAC with $6.67 in cash per share before the merger, shares would drop to $6.67 after the merger. This would mean the target has gotten an even deal and the SPAC shareholders have borne the cost of the SPAC’s dilution. If both target and SPAC shareholders are to break even or come out ahead, the merger must create sufficient surplus to fill the hole created by the SPAC’s dilution."...

Wtf?

I know but I see it on think or swim :o)

It’s expert market. There is no level 2, no quotations, bid, ask, not allowed.

level 2 up 2,600.00 % :o) boom

so is this going to trade under Rwod symbol first or wena ?...

But down a bit.
Merger Approved by all concerned parties.
Done Deal!!
$LEAS becoming $WENA
OTC has no hold on $WENA
$LEAS on the Expert becomes mute!
Looks all good to me👍

WENA for the winna

Sounds like we got rug pulled…. No filing either

really ,so you like wena :o)

+>>>LEAS - Yippie Yo Ki Yay!

CC

That is good.Keep my fingers crossed for all.

Another trader comment: Retransmit
i called my fidelity.....they aint no shit ....lolol told me check news and broadcasting.....I still BULLISH AS ALL HELL

Love to see some movement on this.
I thought we were going to be WENA but either way I'm excited to see this play out.

I just got of the phone with Schwab and the reason for the drop is that all LEAS shares are being “phased out” to become RWOD! It will not be long now. Congrats longs!

Probably not as it would be completely stopped.Someone is trading..

Sure seems like it

You all got fucked deep and Joseph Sinkule thanks you very much !!!! ......LOOOOOOOOL !!!

.0001 wow some of the bashers were right.. wow did we get fucked Or what

Some other traders are saying that their stocks LEAS are been transfer. How can we know that?

+>>>LEAS - Yikers. Chin Up Champ.

Better days ahead?

CC

Just dropped to $0.0001 this is the beginning of the transfer to NASDAQ

We are waiting for RWOD to fall below 1 dollar.Maybe 3 dollars would be enough.

What was the god damn point of approving merger when in the end it just went to em.. cant they just end it here and not do anything from this point on?

Theres not much to talk about since the stocks in em but yes i would like to know as well the timeline.. june latest?

Just here waiting. Bought 200 shares of RWOD

Patiently waiting...

Where is everyone? Just in waiting period? Does any have an idea of a normal timing on the process to get to NASDAQ?

tell us what you know so far :o)

You're probably right

It’s not.
Just some random dude posting who played a lawyer in his school play once.
Harmless but sort of sad that he hasn’t found happiness in life…

Where do you see that in the sec fillings?

+>>>>LEAS - Up Up and Away!!!!

Weeeeeeeee

CC

Merger Approved by all concerned parties.
Done Deal!!
$LEAS becoming $WENA
OTC has no hold on $WENA
$LEAS on the Expert becomes mute!
Looks all good to me👍

https://finance.yahoo.com/news/why-spac-redwoods-acquisition-shares-160924767.html

$LEAS RIGHT NOW WE MAY BE ON THE EM BUT…VERY SOON IT WILL BE ON NASDAQ AS NEW TICKER: WENA!!! 🐂-ISH!!!
JUST WAIT FOR IT…

no ..

So will LEAS be in the Expert Market for at least 6 months or what?

$LEAS people still here believing their $LEAS shares are worth anything! Well you’ll soon find out…

By june latest…

Seeing your posts for a while now. You obviously don't like the stock. Why are you here?

When do you think the symbol is going to be changed ? What about Leas in the Expert market ?

You probably should read the actual agreement and proxy. There were convertible notes for RWOD, not LEAS, the CEO gets 1.4M of 6M shares, the rest of the distribution isn't specified at all. There's absolutely nothing about LEAS preferred shareholders getting convertible notes.

Thanks BeeHaus...

LEAS

Looking forward to finally getting the symbol change. There seems to be some confusion and disagreement about the share structure once the change occurs. The numbers I'm seeing seem to indicate this is favorable to those of use holding LEAS shares. We will find out soon.

This is from last year.

ANEW MEDICAL, INC. (“ANEW”) has entered into a definitive business combination agreement with Redwoods Acquisition Corp. (NASDAQ: RWOD

NEW YORK, May 30, 2023 /PRNewswire/ — ANEW MEDICAL, INC. (“ANEW” or the “Company”), an early-stage biotechnology company focused on developing disruptive new therapies to treat neurodegenerative diseases, announced today that it has entered into a definitive merger agreement with Redwoods Acquisition Corp. (NASDAQ: RWOD; “Redwoods”), a publicly traded special purpose acquisition company, or SPAC. ANEW currently has its common stock quoted on the OTC Markets under the symbol “LEAS”.

The transaction values the combined company at a pro forma enterprise value of approximately US$94.0 million (assuming no redemptions) with existing ANEW stockholders rolling over 100% of their equity into the combined company. ANEW stockholders will be eligible to receive additional shares pursuant to an earn-out based on the combined company’s stock performance following the closing of the transaction. The transaction is expected to provide approximately US$54 million of cash proceeds, assuming no redemptions by Redwoods stockholders. These values exclude up to five million of additional earn-out shares that would be issued to ANEW stockholders if applicable stock performance-based requirements are met. Upon completion of the transaction, the combined company will operate as ANEW MEDICAL and expects to remain listed on NASDAQ.

ANEW is dedicated to realizing the potential of gene therapies to offer transformative patient outcomes in areas of high unmet medical need and extending the reach of gene therapies to highly prevalent neurodegenerative disorders. The Company has assembled a portfolio of gene therapies in partnership with leading scientific institutions and has built a core team with extensive experience in the gene therapy, drug development, and commercialization space. ANEW is initially focused on progressing programs that include alpha Klotho-based gene therapies for ALS, Alzheimer’s disease, and Parkinson’s disease.