Motus GI (MOTS) Amends Royalty Agreement
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Motus GI Amends Royalty Agreement
September 14, 2023 4:05 PM EDTAmended agreement eliminates approximately $1.0M in contingent royalty obligations from balance sheet
 Canceled royalty rights in exchange for common stock expected to improve Companys stockholder equity, and simplify ongoing exploration of strategic and financing alternatives to maximize stockholder value
FORT LAUDERDALE, Fla., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc., (NASDAQ: MOTS) (Motus GI or the Company), a medical technology company focused on improving endoscopic outcomes and experiences, announced today it has reached an agreement to amend the royalty payment rights and, subsequently, cancelled the... More
