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 Insights - Windtree Therapeutics, Inc. has signed a letter of intent with TESI for a combination of cash and securities, amounting to $7.5 million, to be paid to Windtree [1][3] - The companies were previously engaged in a potential acquisition of Titan Environmental Services, Inc., but have mutually decided to part ways [2] Company Strategy - Windtree is focusing on becoming a revenue-generating company and is exploring other opportunities, with several companies close to signing letters of intent [3][4]