Artivion Amends Agreements With Endospan; Provides Endospan With $25M; Upfront Payment Reduced To $135M
Portfolio Pulse from Benzinga Newsdesk
Artivion has amended its agreements with Endospan, providing Endospan with $25 million and reducing the upfront payment to $135 million.
July 01, 2024 | 8:08 pm
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Artivion has amended its agreements with Endospan, providing $25 million in funding and reducing the upfront payment to $135 million. This move could improve Artivion's liquidity and financial flexibility.
The amendment to the agreements with Endospan, including the provision of $25 million and a reduction in the upfront payment, is likely to improve Artivion's liquidity and financial flexibility. This could be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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