Even though the old deal is better than the new deal, CLVS urgently needs the $116M now (new deal is $287M - $171M to retire old deal).
Management needs to be paid and keeps people employed, funding new trials in the hope that they could hit it big. At the minimum they keep themselves employed until 2023 vs 2021.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.