Tevogen announced that its Board of Directors will review the possibility of issuing a one-time special cash dividend to shareholders. This decision will depend on the company meeting certain future revenue and earnings targets, as well as obtaining final Board approval.
The company emphasized that any dividend payment is contingent on achieving these financial milestones and maintaining sufficient resources to support ongoing operations.
**Why this matters**
A special cash dividend can provide shareholders with immediate returns and may signal confidence in the company’s financial health. However, the actual payout will depend on Tevogen’s future performance and Board decisions.