2 unchanged sentences
While the outcome of pending claims cannot be predicted with certainty, we do not believe that the outcome of any pending claims will have a material adverse effect on our financial condition or operating results.
−Removed: In May 2021, Cend received a written threat of litigation on behalf of a Chinese entity called Lingmed Limited (“Lingmed”) claiming Lingmed was entitled to a success fee based on Cend’s Collaboration and License Agreement with Qilu Pharmaceuticals.
−Removed: Cend responded by denying that Lingmed is entitled to a success fee under the terms of their agreement.
−Removed: In May 2022, Cend was served with a complaint filed by Lingmed in the San Diego County Superior Court, alleging claims for breach of contract, fraud and declaratory relief.
−Removed: Cend’s response to the complaint was filed on June 6, 2022.
−Removed: Lingmed filed an
−Removed: answer to Cend’s response on July 11, 2022.
−Removed: At a Case Management Conference held on August 4, 2023, the Court set a trial date in the matter for August 2, 2024.
−Removed: The Company denies these allegations made by Lingmed and intends to vigorously defend itself.
MINE SAFETY DISCLOSURES.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.