Atossa Therapeutics Announces Plan to Issue Stapled CVR for Shareholders Tied to Potential Rare Pediatric Disease Priority Review Voucher
Atossa Therapeutics announced that its Board of Directors approved a plan to issue one contingent value right (CVR) for each share of common stock, entitling shareholders to 25% of net proceeds from the monetization of the company's first qualifying rare pediatric disease priority review voucher, subject to a $50 million aggregate payment cap.
Why it matters — This plan outlines a mechanism through which existing and future ATOS shareholders could receive a portion of any proceeds from a potential priority review voucher monetization.