FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / earnout-structure-memorandum.docx
earnout-structure-memorandum.docx · 1013-00006

Parties

Harkness LLP
Genome Dx Therapeutics Inc
Pinnacle Capital Management LLC
Brindoval Partners LLC
Gregg LLP
Qinetiq North America Operations LLC
Lane LLP
California Source Inc

Dates

May 9, 2023
May 10, 2023
August 8, 2023
August 8, 2025
August 8, 2026
December 31, 2022
January 30, 2023
April 28, 2023
February 8, 2025
August 8, 2028

Amounts

$140,000,000
$126,000,000
$14,000,000
$8,000,000
$6,000,000
$312
$47.6
$589
$104
$126

Obligations

Both sub-conditions must be satisfied on or before the applicable deadline
Similarly, receipt of reimbursement under a miscellaneous or unassigned code does not satisfy the milestone requirement — the reimbursement must be received under the unique HCPCS code issued specifically for OncuPath-HER3™ or its successor assay
Buyer must maintain adequate staffing of the OncuPath-HER3™ regulatory and development team, including the key transferred personnel (Dr
Buyer may not voluntarily withdraw or abandon the PMA supplement (P230014) without Seller's prior written consent, which consent shall not be unreasonably withheld, conditioned, or delayed if Buyer demonstrates a bona fide scientific, regulatory, or safety basis for such withdrawal
Following FDA clearance or approval of the OncuPath-HER3™ assay, Buyer must prepare and submit the HCPCS code application to CMS within a commercially reasonable time, and in any event within 90 days of FDA clearance or approval
Buyer shall not take any affirmative action with the primary purpose or effect of preventing or delaying the achievement of any earnout milestone