NorthWest Biotherapeutics Inc (NWBO)

[flipper44]

Requirement that Cognate be paid in 8 million shares. "Apparently" triggered. I'm not certain.

The company is audited, taking steps to resolve the NASDAQ violation which apparently Woodford's demand for 8 million shares triggered according to Flipper. -- dogood

Note also:

Evaluate Monday, 05/02/16 08:51:02 PM
Re: None
Post # of 65230
https://www.sec.gov/Archives/edgar/data/1072379/000114420416098362/v438613_8k.htm

includes:
Quote:
In November 2014, the Company approved the issuance of adjustment shares under the most favored nation provision as a result of transactions done with unrelated investors. The approval and the plan to issue the adjustment shares was reported in the Company’s SEC filings at that time and subsequently, but the shares were not actually issued until October 2015, when completion of that issuance was required as a pre-condition of a $30 million financing the Company entered into.


Ummm... the completion of the issuance of the shares was required ... by Woodford ... as a pre-condition of the $30 Million financing entered into?