Avid Bioservices Inc (CDMO)

[NoMoDo]

NoMoDo, but PPHM would NOT be able to hide whatever better deal they got from their balance sheet, could they?

Depends on the deal. They could have worked out a future partnership. They could have received intellectual property such as patents or licenses to be recorded at a later date. They could have agreed to future revenue streams. They could have agreed to ownership in CSM.

All these could be withheld from the public until after a given event - provided a court would sign off on it and they had SEC approval. If I were PPHM, I would have demanded a small upfront cash payment and controlling ownership in CSM. On the other hand, they could have gotten just the cash, but then the need for sealing the settlement would be gone.