NorthWest Biotherapeutics Inc (NWBO)

[anders2211]

Why if the independent statisticians determined the endpoint would not have been met that would be mandatory for NWBO to disclose within 4 business days:


Not meeting the endpoints means not being able to operate the Business as currently conducted

https://www.lawinsider.com/dictionary/material-impairment#:~:text=Material%20Impairment%20means%20a%20material,sell%20the%20Collateral%20upon%20foreclosure.

Material Impairment means a material impairment of the Company's financial condition or of the Company's ability to operate the Business as currently conducted[/b] or of the Company's ability to consummate the transactions contemplated hereby.
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https://www.sec.gov/fast-answers/answersform8khtm.html
Material Impairments
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Companies have four business days to file a Form 8-K for the events specified in the items in Sections 1-6 and 9 above.

If you look up the meaning of the word impaired | American Dictionary
damaged or weakened

then you know why a POSITIVE trial is not mandated to be disclosed for it does NOT weaken the ability to operate the business as currently conducted

End of the discussion