NorthWest Biotherapeutics Inc (NWBO)

[sentiment_stocks]

The sentence contains a double negative inside it. The double negative cancel each other out.

How it is stated:

under ASC 740 it is in the view of the Company that it is not more likely than not that the resolution of these tax matters will result in a net material charge.

The only way to read it is...

under ASC 740 it is in the view of the Company that it is more likely that the resolution of these tax matters will result in a net material charge.

A double negative is when two negative words or constructions are used within a single clause. ... That's because double negatives cancel each other out and make a positive. So, when you use a double negative it ends up being the exact opposite of what you mean.
https://www.dictionary.com/e/double-negatives/

In other words, they anticipate that they will likely owe something between the $0 and $800k, as opposed to nothing at all. If that is NOT what they meant to state, then it is a grammatical error.

Full Stop.