Unaudited Pro Forma Condensed Consolidated Financial InformationAsset Disposition • April 16th, 2024 • Perspective Therapeutics, Inc. • Surgical & medical instruments & apparatus
Contract Type FiledApril 16th, 2024 Company IndustryOn December 7, 2023, Isoray Medical, Inc. (“Isoray”), a wholly-owned subsidiary of Perspective Therapeutics, Inc. (“Perspective”) entered into an Asset Purchase Agreement by and among Isoray, Perspective, and GT Medical Technologies, Inc. (“GT Medical” or the “Purchaser”), pursuant to which Isoray agreed to sell, and the Purchaser agreed to purchase, Isoray’s commercial Cesium-131 brachytherapy business and certain related assets including inventory and intellectual property (the “Transaction”). The assets to be sold consisted primarily of customer and supplier lists, production line equipment, intellectual property associated with the brachytherapy business, computer equipment and software used in the brachytherapy business, and the assignment of the brachytherapy manufacturing facility lease in Richland, WA along with the assignment of vendor contracts. Isoray retained most liabilities that existed as of the closing date including environmental, warranty, taxes, accrued payroll and v