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BRIEF-Biovie Announces Amended Terms For Asset Acquisition From Privately Held Neurmedix

05/10/2021 08:21
BRIEF-Biovie Announces Amended Terms For Asset Acquisition From Privately Held Neurmedix

- BioVie Inc BIVI.O:

  • BIOVIE ANNOUNCES AMENDED TERMS FOR ASSET ACQUISITION FROM PRIVATELY HELD NEURMEDIX

  • BIOVIE INC - UPFRONT CONSIDERATION BIOVIE WILL PAY TO NEURMEDIX REMAINS UNCHANGED

  • BIOVIE INC - PAYMENT OF ADDITIONAL STOCK CONSIDERATION AS VARIOUS SIGNIFICANT CLINICAL, REGULATORY, AND COMMERCIAL MILESTONES ARE MET HAS BEEN AMENDED

  • BIOVIE INC - AFTER AMENDMENT, CONTINGENT STOCK CONSIDERATION HAS BEEN CAPPED AT 18 MILLION SHARES

Source text for Eikon: ID:nGNX1kcYc0

Further company coverage: BIVI.O


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