Innovation Pharmaceuticals Inc (IPIX)

[MinnieM]

Leo filed an 8-K regarding press release announcing term sheet.

8-k
https://www.sec.gov/Archives/edgar/data/1355250/000147793219002862/ipix_8k.htm

Here's a short quote from the PR:
https://www.sec.gov/Archives/edgar/data/1355250/000147793219002862/ipix_ex991.htm

Completion of the transaction, as specified in the non-binding term sheet, is subject to further negotiation and execution of a definitive agreement. If the definitive agreement is reached and signed, the Company anticipates that it would receive an upfront payment, plus potential additional regulatory and commercial milestone payments, as well as royalties.

He's not going to be able to give more specifics unless/until he signs a definitive agreement.






In Reply to 'MXAMDUD'
Have you tried reaching out to him & get more specifics?