mat70
Sep 2, 2:50 PM
$TVGN
2/2
The primary milestones that need to be met, ideally before EOY, would be closure of their LOI acquisition targets without significant shareholder dilution. That would provide immediate revenue to fund a) ongoing operations, and b) at least part or all of the next phase for TVGN-489. Second, they need to secure and productionize their manufacturing facility. If these milestones are hit, then in my opinion, it warrants a significant re-rating of the company's risk profile. This is a good test of management's ability to execute. If not, then further skepticism is warranted and the investment thesis begins to buckle. We shall see how things play out.
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