Windtree Therapeutics Announces It Will Receive $7.5 Million In Cash and Securities from the Recently Executed Termination Agreement with an Environmental Services Company

Core Points - Windtree Therapeutics, Inc. has signed a letter of intent with Titan Environmental Services, Inc. (TESI) for a combination of cash and securities, amounting to $7.5 million [2][4] - The agreement allows both companies to part ways regarding the potential acquisition of Titan Environmental Services, which operates in the waste management sector in Michigan [3][4] - Windtree is shifting focus to other opportunities as part of its strategy to become a revenue-generating company, with several other letters of intent in progress [4][5] Company Overview - Windtree Therapeutics, Inc. is a diversified company with multiple divisions, aiming for future profitability and revenue generation [5]