other material
confidence high
sentiment neutral
materiality 0.60
Achieve Life Sciences to appoint three new board directors by April 3 under amended pact with Dialectic
ACHIEVE LIFE SCIENCES, INC.
- Amendment to March 1 Cooperation Agreement requires three new Board appointments by April 3, 2023.
- Board may expand to up to 11 directors to fill vacancies via incumbent departures or size increase.
- New directors will be nominated for election at the 2023 Annual Meeting.
- Dialectic Capital Management and affiliates, including John Fichthorn, are parties to the amendment.