OSR Health Exercises $15 Million VXM01 Equity Option, Elects Settlement Through Staged Convertible Notes
OSR Health, Inc. (OTC PINK:OSRH) ("OSR Health" or the "Company") today announced that it has delivered notice to BCM Europe AG ("BCME") exercising in full its $15 million equity option under the Company's VXM01 global license agreement, and has elected to settle the exercise through convertible notes rather than a cash purchase of common stock. From Put Option to Staged Funding Under the VXM01 global license agreement, as amended in October...
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