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0.00820512820512821 0.0162051282051281 -0.00512820512820513 -0.0102564102564103 0.0163076923076922 0.0394358974358973 -0.0564102564102565 -0.138461538461538
Stock impact report

Brickell Biotech up 90% on resolution of license dispute, capital raise [Seeking Alpha]

Brickell Biotech, Inc. (BBI) 
Company Research Source: Seeking Alpha
Healthcare | On the Move Brickell Biotech up 90% on resolution of license dispute, capital raise Feb. 18, 2020 11:29 AM ET Brickell Biotech, Inc. (BBI) Douglas W. House Thinly traded nano cap Brickell Biotech ( +89.7% settlement Under the terms of the settlement with Bodor Laboratories and Dr. Nicholas Bodor, the company has agreed to pay $1.0M upfront, up to $2.5M in milestones ($1.0M in cash and $1.5M in stock) and a low single-digit royalty related to a newly filed patent application. It also modified the percent of certain sublicensing income Bodor may receive in the future. Separately, Brickell has inked a $2M stock purchase agreement with Lincoln Park Capital Fund, LLC. at $1.285 per share (includes pre-funded warrants) and an additional agreement for the purchase of up to $28M of stock over 36 months. See all stocks on the move » Now read: Ultragenyx Pharmaceutical (RARE) Investor Presentation - Slideshow » Show less Read more
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