- Cash reserves at June 30, 2023 were US$71.3 million, with up to an additional US$40 million from our existing financing facilities subject to both certain milestones being met and the extension of timeline to achieve them.
This has crept into the latest operational update. I hope the financing facility is more patient than we are.
Reading this, if Mesoblast don't get the extension, is it bye-bye $40 million? That's assuming an Aug 2 approval was a milestone.
Ann: MSB Annual Financial Results and Operational Update, page-31
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