secwatch / observer
8-K filed February 22, 2023, 6:59 PM ET ticker ERNA CIK 0000748592
other material confidence high sentiment neutral materiality 0.55

Eterna enters exclusive license with Factor for patents; prior deal terminated

Ernexa Therapeutics Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Ernexa Therapeutics Inc. entered into Exclusive License Agreement with Factor Bioscience Limited valued at 20% of Sublicense Fees before Expiration Date, 30% during Renewal Term; at least $100 million in sub (effective 2023-02-20).

Action
entry
Agreement
license
Counterparty
Factor Bioscience Limited
Value
20% of Sublicense Fees before Expiration Date, 30% during Renewal Term; at least $100 million in sub
Effective
2023-02-20
Exact text from the filing
On February 20, 2023, Eterna Therapeutics Inc., a Delaware corporation (the “ Company ”), entered into an exclusive license agreement (the “ Exclusive License Agreement ”) with Factor Bioscience Limited (“ Factor ”)
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Ernexa Therapeutics Inc. terminated Amended Factor License Agreement with Factor valued at Terminated and superseded by Exclusive License Agreement (effective 2023-02-20).

Action
termination
Agreement
license
Counterparty
Factor
Value
Terminated and superseded by Exclusive License Agreement
Effective
2023-02-20
Exact text from the filing
Effective on February 20, 2023, the Exclusive License Agreement terminated and superseded the Amended Factor License Agreement.
View on SEC.gov

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Ernexa Therapeutics Inc. filing history →

Source: SEC EDGAR
accession 0001140361-23-008076
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