M&A
confidence high
sentiment neutral
materiality 0.70
Twist Bioscience to issue up to 632,328 shares for Invenra license and equity stake
Twist Bioscience Corp
- Total consideration: up to 632,328 TWST shares plus $5M cash.
- 324,558 shares + $5M to Invenra for license and technology transfer.
- 307,770 shares to two Invenra investors for ~6% preferred stock ownership.
- Twist gains right to designate one director to Invenra board.
- Registration Rights Agreements filed to register resale of issued shares.