RE:RE:RE:RE:look what i found:) __ article lmnl__The point Stups, is to read the fine print. Get a 5th grader to help you with translation simpleton.
He asked about the language in the agreement and you post about the NR. DUH
GunnerG wrote: The simple answer would be to read the NR, however lacking in legalize. LOL
Here is the SEC filing which you can go through look for voucher (2) and PRV (19).
Share Purchase Agreement I did find this, it looks like PBT will be selling the PRV not Kedrion.
| (ii) | upon the sale of the PRV (if granted) by PBT and completion of the transactions described in Section 4(a)(ii)(2) before Closing (1) a non-refundable cash payment of [***] for the PBT Shares; and (2) [***]; and (ii) [***]. The Parties will reasonably cooperate to define the invoicing and payment conditions of the Milestone Payment in the Definitive Agreement. [***]. |
I didn't have time to read the entire doc. Have fun, it's a little longer than the NR.
stockman6767 wrote: Is there any requirement that Kedrion sell the PVR voucher? What if they want to use it for their own future fees at the FDA in their own trials. Then there would be zero cash coming from the voucher for LMNL. Anyone aware what the language is in the sale to Kedrion and whether they have to sell the PVR?