Aug. 14 at 10:32 PM
$MBRX 👀 Something VERY interesting in today’s PRE 14A that deserves attention.
Certain management performance awards are tied to major milestones, including the first occurrence of:
🔥 A licensing transaction valued at MORE THAN
$150M
🔥 An NDA filing
🔥 A CHANGE IN CONTROL
Management’s incentive structure explicitly contemplates a major licensing transaction or potential acquisition/change of control.
Does this mean a
$150M+ deal or buyout is coming? NO. There is no announced transaction.
But with MIRACLE approaching 90-patient Part A results and MBRX needing future funding, seeing
$150M+ licensing and Change in Control specifically built into management incentives is definitely interesting. 👀🔥
Something to keep on the radar.
$MBRX