9 unchanged sentences
As previously disclosed on Form 8-K, filed with the SEC on June 2, 2020, the Company entered into a settlement agreement with RBC on May 28, 2020, pursuant to which the Company and RBC mutually released each other from further claims related to the repurchase agreements at issue.
−Removed: As part of the settlement, the Company paid RBC $5.0 million in cash and issued to RBC a secured promissory note in the principal amount of $2.0 million.
−Removed: As of March 31, 2020, the Company had determined that a material loss was probable and a loss contingency of $ 7.0 million was established as of that date.
−Removed: The Company has recognized this liability in the "Net realized gain/(loss)" line item on the consolidated statement of operations.
−Removed: Subsequent to quarter end, the Company repaid the secured promissory note due to RBC in full.
+Added: As part of the settlement, and to resolve all claims by either party under the repurchase agreements, the Company paid RBC $ 5.0 million in cash and issued to RBC a secured promissory note in the principal amount of $ 2.0 million.
+Added: On June 11, 2020, the Company repaid the secured promissory note due to RBC in full.
+Added: The Company has recognized this settlement in the "Net realized gain/(loss)" line item on the consolidated statement of operations.
+Added: As a result, as of June 30, 2020, the Company has satisfied all of its payment obligations to RBC under the settlement agreement and promissory note, and, as previously reported, the federal lawsuit has been voluntarily dismissed with prejudice.
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.