Not if they are not trading, IMO. Not if they are not financing with securities, IMO. Not if the data is positive, IMO. High scrutiny once topline is in. Better to take loans out and have Ex downplay them. Lol.
NWBO has said repeatedly that they do not intend to disclose TLD open receipt. They plan to spend weeks discussing with the SAB and other experts on how to disclose them.
There is no law requiring immediate disclosure. The repeated assertions that bad news must be promptly disclosed is not true. They can not selectively disclose good or bad material news. But they can just sit on it for a while.
In practice every dev stage bio I know of releases significant TLD fairly quickly upon having it. If good, they want it out there. If bad, they do not want to have to defend a lawsuit.
But as we know, LP marches to the beat of a Klingon drummer.
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