I would think a cash settlement as part of the agreement is a necessity because Virgin has used and profited from NEOM's patented technology.
A substantial cash settlement is what would move the stock.
A partnership with royalties or whatever would be nice but would be only a part of the deal. With NEOM's patents, I don't think they need Virgin as a partner. Nice enough, but there are others who I think would be just as interested.
When you use someone else's patent I believe there are usually also damages included in addition to what it would have cost if you paid the proper royalties.
This is looking like a negotiated settlement instead of a judge or jury decision so anything goes. My concern is that these settlements are fine one day, but falling apart the next.
It doesn't give NEOM the clout that a tried and won case would give its patents, but time wise better.
Does anyone know if they filed for an injunction to stop Virgin from using its technology until the resolution? That would certainly put pressure on Virgin to settle and soon.
Hoped to find all of that out today, but there is no one home.