other material
confidence high
sentiment neutral
materiality 0.70
Radnostix terminates $12.45M DUF6 plant sale to AFR; voluntary capsule recall
RADNOSTIX INC
- APA terminated mutually on March 11, 2026; AFR could not pay $12.45M balance by March 31, 2026.
- AFR had paid $170K in non-refundable fees; no closing proceeds received by Radnostix.
- Company sees asset appreciation, low buyer funding confidence; will evaluate DUF6 plant options.
- Voluntary recall of Dibasic Sodium Phosphate Capsules (lots 2022-2025) for final capsule weight out of spec.
- Estimated costs: $125K write-offs and refunds; further $75K inventory + $25K-$75K/week lost revenue thru Q2.