Aug. 15 at 4:26 PM
$FBIOP I asked Claude to look through the 10 q and compare to my earlier model of cash flow. One note that was called out was in the notes to the financial statements and may impact the timing yet of the reinstatement.
"In July 2026, Cyprium declared a cash dividend of approximately
$118.6 million, of which approximately
$95.4 million was payable to Fortress."
I feel a little better on timing, but I think an announcement by the end of q-3 reporting is getting important to make the timeline for reinstatement of ATM next year. Just an opinion, please do your own DD. If anyone has a different take on the way this works, please update with your thoughts.