FBIO receives an annual 2.5% payment in kind dividend from MBIO, CKPT and six of its private subsidiaries as detailed on page #28 of the 4/30/2019 proxy statement. These PIK dividends are ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...