NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

If anyone thinks it is really two totally different organizations with different owners you gots to be kidding

That's about right.

Toucan Capital is the fund that manages both portfolio companies, NWBO and Cognate. We don't know if both companies have exactly the same investors, because we don't know the fund structure at all, only that Linda has dispositive voting control.

But who the specific underlying investors happen to be in the fund(s) is a moot point since Toucan has control over the management and operations of both NWBO and Cognate. Suffice to say that these companies are managed in lock-step with each other.