Quarterly report pursuant to Section 13 or 15(d)

ASSET ACQUISITION (Tables)

v3.22.2
ASSET ACQUISITION (Tables)
6 Months Ended
Jun. 30, 2022
ASSET ACQUISITION  
Schedule of aggregate consideration transferred for the assets acquired

    

Aggregate

Consideration

($’s in thousands)

    

Transferred

Consideration transferred to Vyne at closing

$

20,000

Fair Value of deferred cash payment due January 2023

 

4,740

Transaction costs

 

223

Total consideration transferred at closing

$

24,963

Schedule of fair value of assets acquired

    

 Assets 

($’s in thousands)

Recognized

Inventory

$

6,041

Identifiable Intangibles:

 

  

Amzeeq Intangible

 

15,162

Zilxi Intangible

 

3,760

Fair value of net identifiable assets acquired

$

24,963