Quarterly report pursuant to Section 13 or 15(d)

ASSET ACQUISITION (Tables)

v3.23.3
ASSET ACQUISITION (Tables)
9 Months Ended
Sep. 30, 2023
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