FDA NDA - sppi now obligated to pay Topo $10,000.000 cash, plus 1,000,000 shares
"As a result of the satisfaction of this NDA acceptance milestone, pursuant to the Agreement, the Company becomes obligated to pay TopoTarget $10 million in cash and to issue to TopoTarget an aggregate amount of 1 million shares of the Company's common stock in a private placement. The Company and TopoTarget are parties to a registration rights agreement pursuant to which the Company is required to file a registration statement covering the resale of the shares to be issued to TopoTarget."
ruling happens LATER
sppi pays NOW and hopes to get approved later?
really good deal for Topo how good for sppi?
Tell us why your just asking ? You don't own the stock your not shorting the stock. your just a little boy who has nothing better to do but play with your self.
I picture you as a scrawny little 16 y/o with his glasses taped in the center so your nose bridge doesn't get sore.
stinktoshort would not understand that, it is beyond his level of comprehension. He needs to find a school near his crib to finish his GED, that will be a challenge for him since his foundation is almost NIL.