Neovasc Inc (NVCN)

[petergeorge]

They are in the process of being acquired. They mention 2x's in the press release . These royalty obligations continue after the four-year collaboration period has ended. Also contained in the collaboration and licensing agreement are buy-out clauses that allow Neovasc, or an acquirer of Neovasc or the Tiara assets, to buy-out these royalty obligations. For further details, please see the Material Change Report filed by the Company on SEDAR and furnished to the SEC on EDGAR under Form 6-K.