litigation
confidence high
sentiment neutral
materiality 0.60
PetVivo terminates license with VetStem, pays $75K to settle disputes
PetVivo Holdings, Inc.
- Terminated Exclusive License and Supply Agreement with VetStem effective July 24, 2026.
- PetVivo to pay $75,000 in two cash payments; all other financial obligations extinguished.
- Remaining PrecisePRP inventory transferred to VetStem; mutual releases of claims.
- VetStem's warrant to purchase 250,000 shares of PetVivo common stock remains outstanding.
- PetVivo to focus on proprietary technologies including SPRYNG with OsteoCushion.