Friday, May 22, 2020 12:59:16 PM
Persons who hold Ritter common stock immediately prior to the reverse stock split and merger will be entitled to receive a distribution of nontransferable Ritter contingent value rights from the Company. The contingent value rights will provide their holders with potential cash payment rights in the event of certain monetizations (if any and if ever) within a certain time period of Ritter’s intellectual property related to modulation of the gut microbiome to treat gastrointestinal diseases.
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