Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.25.1
Subsequent Events
3 Months Ended
Mar. 31, 2025
Subsequent Events  
Subsequent Events

19. Subsequent Events

Checkpoint

On April 14, 2025, Checkpoint, Parent and Merger Sub entered into an Amendment to the Original Merger Agreement (the “Merger Agreement Amendment”) (see Note 3).

On April 23, 2025, Checkpoint filed a definitive proxy statement relating to the Merger Agreement and established May 28, 2025 as the date for a special meeting of Checkpoint stockholders to vote on the Merger (see Note 3).

In April 2025, Checkpoint received approximately $9.2 million from the exercise of warrants for the issuance of 3,256,269 shares of common stock with an exercise price of $2.821 per share.

Avenue

On April 24, 2025, Avenue and AnnJi entered into the Termination and Transfer Agreement (see Note 8).