Item 1.01 Entry into a Material Definitive Agreement.
On
As consideration for the Purchasers agreeing to permit the transfer of the Specified Priority Review Voucher, the Company has agreed to maintain the proceeds received by the Company in respect of the transfer in a segregated account, subject to the Purchaser Agent's control, and maintain the balances therein in cash or cash equivalents (the "Segregated Account"). Further, should the Company fail to comply with the agreements governing the Segregated Account and maintenance of the balances therein, an automatic put option event shall be deemed to have occurred under the RIPA.
All other material terms, including the rights of the Purchaser Agent following the occurrence of a put option event, and covenants in the RIPA remain unchanged.
The foregoing description of the material terms of the Amendment does not purport to be complete and is qualified in its entirety by reference to the complete text of the Amendment, a copy of which is filed herewith and incorporated herein by reference.
Item 8.01 Other Events.
On
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 10.1 Amendment No. 1 to Revenue Interest Purchase Agreement, datedSeptember 28, 2021 99.1 Press Release, datedSeptember 29, 2021 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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