other
confidence high
sentiment neutral
materiality 0.15
RetinalGenix and Diopsys terminate 2019 Option Exchange Agreement; no options ever issued
RetinalGenix Technologies Inc.
- Termination effective Feb 14, 2022; Agreement from Oct 8, 2019 never had conditions satisfied.
- No options were issued under the agreement, and the contemplated Exclusive Distribution Agreement was never negotiated.
- Both parties are mutually released from any claims related to the Agreement and its termination.
- RetinalGenix and Diopsys continue discussions toward a potential Exclusive Distribution Agreement.