What Is Going on With NexImmune (NEXI) Stock Today?

Either way, the fundamental reason for bullishness in NEXI centers on the implied orderly exit. It's clear that many participating shareholders want to dissolve the entity. The reason is that, per management, one of the few other alternatives is to declare bankruptcy, which could be a messy situation. Most importantly, common stock shareholders would be last in line to recover any assets following a liquidation. The advantage of a dissolution or even a gradual winding down of the business is management's co ...