Brief: Windtree Eliminates $15 Million Contingent Liability To Deerfield Management Company
25/01/2024 13:53
Jan 25 (Reuters) - Windtree Therapeutics Inc WINT.O :
* WINDTREE ELIMINATES $15 MILLION CONTINGENT LIABILITY TO
DEERFIELD MANAGEMENT COMPANY
* WINDTREE THERAPEUTICS INC - ENTERED AN EXCHANGE AND
TERMINATION
AGREEMENT WITH AFFILIATES OF DEERFIELD MANAGEMENT COMPANY
* WINDTREE THERAPEUTICS INC - IN EXCHANGE FOR DEERFIELD
TERMINATING ITS RIGHTS, CO AGREED TO ISSUE TO DEERFIELD 608,272
SHARES OF CO'S COMMON STOCK
* WINDTREE THERAPEUTICS INC - IN EXCHANGE FOR DEERFIELD
TERMINATING ITS RIGHTS, CO TO PAY DEERFIELD $100,000 CASH
PAYMENT UPON EXECUTION OF AGREEMENT
Source text for Eikon: ID:nGNXb9K5CY
Further company coverage: WINT.O
((Reuters.Briefs@thomsonreuters.com;))
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