Brief: Aytu Biopharma Enters Into Stipulation Of Compromise And Settlement Related To Legal Action

Aytu Biopharma

30/12/2022 21:46

Dec 30 (Reuters) - Aytu Biopharma Inc  AYTU.O :
    * AYTU BIOPHARMA - ON DEC 19, CO ENTERED INTO A STIPULATION
OF
COMPROMISE AND SETTLEMENT RELATED TO LEGAL ACTION
    * AYTU BIOPHARMA - PURSUANT TO TERMS OF STIPULATION, COMPANY
HAS
AGREED, AMONG OTHER THINGS, TO CANCEL 25% OF THE AGGREGATE 2021
GRANTS
    * AYTU BIOPHARMA - AGREED TO ADD 2 NEW DIRECTORS WHO MEET
NASDAQ
INDEPENDENCE STANDARDS WITHIN 6 MONTHS OF DATE OF FINAL COURT
APPROVAL

Source: (https://bit.ly/3Q2h1bA)
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