Aug. 7 at 4:50 PM
$SXTP
*Knight Therapeutics have taken a 20% stake
*Shareholders approved a management incentive for a minimum
$40M deal value, rising if deal value is
$100M+.
*Recent PIPE extends cash runway through mid October to cover interim data readout for Babesiosis study.
Read between the lines and you'll see there's a deal on the horizon, potentially valued at 10x their current market cap.