RE: Roivant - SRA737?16 Aug 2024 18:35
Apologies folks found the thread I was looking for. Would be great if we get news on this next month before the topline data read out .
From the RNs of 2nd Jan 2024;
"Under the terms of the Licensing Agreement, an immediate upfront payment of US$0.5 million is due to CPF. An additional fee made up of up to US$1.0 million cash and 500,000 shares in the Licensee Company (the "Consideration Shares") may be payable upon the sooner of 12 months following the signing of the Licensing Agreement, or the event of the Licensee Company achieving certain commercial and material financing objectives. A further announcement regarding any future income, including any Consideration Shares which may be issued, will be made at the appropriate time."
We are getting close to the 12 months . Let us hope it is Roivant announcing early next month.
Double Rocket is in order here.