Replies to post #697823 on NorthWest Biotherapeutics Inc (NWBO)

[learningcurve2020]

Read it closely. Wouldn't surprise me if this is why JJ got cut.

>>awards were not intended as a reward for performance or service. Instead, according to the documents produced in connection with Plaintiff’s Demand, these awards were intended to “true-up” the Individual Defendants to “offset . . . the dilutive effects” of the Financing Transactions on Defendants’ 2018 Option Awards.

[QL300]

The quickest path forward would probably be to cancel the options which would make this case moot. I’m not 100% sure what would happen with the fee award but I’m sure that would be cheaper than protracted litigation. If shareholders are going to approve the options now, no reason they wouldn’t approve them later.