Avid Bioservices Inc (CDMO)

[westjtter]

Exactly...I find the whole thing very bizarre...that fact that Avid was not notified...the fact that no one from Avid managment checked out the terms and the acceleration clause(who negotiated this anyway that allowed for this clause without any kind of notification)?

How can it be that no one understood that this convertible loan could be called if this interest rate(1/2 point increase) change was administered promptly by the CFO/Financial team members?

Something does not make sense here, but in the end, it is all about filling up capacity and we need a progress report here very soon!