NorthWest Biotherapeutics Inc (NWBO)

[sentiment_stocks]

Cognate pulled in well over $100M cash.

Yes, but that's not a simple transfer of $100 million over to Cognate. They did perform extensive work to receive those monies.

That allowed Cognate to be built up to the point it could be sold.

Well good for them. It's possible LP sold it so she could take the money out and put it back into NWBO at a time when they needed the money most.

For how much?

Dunno. Probably at least for the almost Series A pref shares transferred to her (about $5 million?), as well as the $5.5 million cash.

Avant [Advent] has pulled in $3.5M in just 2Qs for doing nothing. They are supposed being paid for technology transfer and UK setup. But NWBO already paid Cognate for this.

Do we know Advent was paid this? Do we know what Advent has done, or not done, yet?