From Mitch Cohen's viewpoint as CFO, mergers, acqu
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Posted On: 02/16/2024 10:42:56 AM
From Mitch Cohen's viewpoint as CFO, mergers, acquisitions, partnerships don't really like the $87MM in debt, but we all know what Tyler Blok expects.
Damages That Exceed $100MM
The $100 million settlement is not meant for CytoDyn shareholders.
Who is it meant for then? It is meant for CytoDyn's future partners.
Partners don't like the debt. When CytoDyn makes that go away in the likely decision of the Arbiter, then CytoDyn future partners are very re-assured and that is what Mitch Cohen likes.
Damages That Exceed $100MM
The $100 million settlement is not meant for CytoDyn shareholders.
Who is it meant for then? It is meant for CytoDyn's future partners.
Partners don't like the debt. When CytoDyn makes that go away in the likely decision of the Arbiter, then CytoDyn future partners are very re-assured and that is what Mitch Cohen likes.
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