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

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Aggregate

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Consideration

($’s in thousands)

    

Transferred

Consideration transferred to Vyne at closing

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$

20,000

Fair Value of deferred cash payment due January 2023

 

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4,740

Transaction costs

 

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223

Total consideration transferred at closing

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$

24,963

Schedule of fair value of assets acquired

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 Assets 

($’s in thousands)

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Recognized

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Inventory

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$

6,041

Identifiable Intangibles:

 

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Amzeeq Intangible

 

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15,162

Zilxi Intangible

 

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3,760

Fair value of net identifiable assets acquired

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$

24,963