13 unchanged sentences
Final briefs were filed in January 2023.
−Removed: The Arbitrator ruled in the Company’s favor on two key issues of the arbitration
−Removed: and ruled against the Company in other key issues.
+Added: The Arbitrator ruled in the Company’s favor on two key issues of the arbitration and ruled
+Added: against the Company in other key issues.
Arbitrator ruled in NovelStem’s favor on the issue of contract interpretation of the Netco Partners JV Agreement.
4 unchanged sentences
confirmed NovelStem’s contractual right to use Tom Clancy’s name as a possessory credit in the Net Force title (Tom Clancy’s
−Removed: However, the arbitrator did not award any damages to the Company and did not cede operating control of the joint
−Removed: venture to the Company as requested.
+Added: However, the arbitrator did not award any damages to the Company and did not cede operating control of the joint venture
+Added: to the Company as requested.
As such, the Company continues to struggle to maximize the potential of the NetCo asset.
fund efforts to maximize the value of NetCo, NovelStem has secured non-recourse litigation funding.
−Removed: As a result of this ruling, the costs
−Removed: related to the litigation funding agreement were recognized.
−Removed: Total costs related to the litigation and the related litigation funding
−Removed: agreement of $2,819,196 were recorded by the Company.
+Added: As a result of this ruling, costs
+Added: of approximately $2.900,000 related to the litigation funding agreement were recognized during the year ended December 31, 2023.
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.