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Re: barnstormer post# 747133

Monday, 02/03/2025 7:07:25 AM

Monday, February 03, 2025 7:07:25 AM

Post# of 821158

ATL, always good to see you making an appearance. There was a reference in the 2022 10-K regarding a purchase by Huawei that was a little confusion regarding ownership of the Sawston Facility, so spent some time with AI trying to clarify who owned what. If correct, appears that NWBO still owns 474 acres, Cambridge 20, and Huawei 9 acres. The Huawei property includes a 14,459-sf mixed use building (includes hotel suites and labs).


You have this very twisted.

NWBO purchased the large property about 10 years ago. Then about 6 years ago sold most all (they kept some acres that have nothing to do with the facility) to Huwei and entered into a long term lease for the Vision Center which is what we all mean by "Sawston". Then they subleased about 1/5th to Advent. That is the already approved GMP facility along with the recent expansion.

The "14,459-sf mixed use building (includes hotel suites and labs)." is Adent's.. Where you found that is the sublease contract. That IS the GMP facility.
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