Michael Liu (@michael2017l) 's Twitter Profile
Michael Liu

@michael2017l

Microcap investor. Analyst at if.capital @IntelligentCM. Member of @MicroCapClub.

ID: 754368874812993536

linkhttps://michaelliumicrocaps.substack.com/ calendar_today16-07-2016 17:35:30

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Michael Liu (@michael2017l) 's Twitter Profile Photo
Michael Liu
@michael2017l

3 months ago

Interesting PR today from $KA (I don't own). $8m market cap busted biotech that just got $5m upfront for the right to *negotiate* to buy their lead drug by October. Curious if anyone has seen a structure like this before/has a sense of base rate outcome?