secwatch.observer — SEC 8-K summary
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Issuer:     WINDTREE THERAPEUTICS INC /DE/ (WINT)
CIK:        0000946486
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001437749-24-002120
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Windtree terminates $15M milestone obligation to Deerfield for $200k cash and 608k shares
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- Terminated Deerfield's rights to up to $15M milestone payments for AEROSURF program.
- Deerfield receives $100k now, $100k later, and 608,272 shares of common stock.
- Shares issued in unregistered transaction; company grants registration rights for resale.
- Milestone Payment Provisions and related rights under 2017 agreement terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946486/000143774924002120/0001437749-24-002120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946486/000143774924002120/wint20240124_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-002120

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer