Annual report pursuant to Section 13 and 15(d)

Non-Controlling Interest

v3.19.1
Non-Controlling Interest
12 Months Ended
Dec. 31, 2018
Noncontrolling Interest [Abstract]  
Non-Controlling Interest

12.

Non-Controlling Interest


In October 2018, Heat entered into an agreement with the University of Miami (“UM”) whereby UM exchanged its shares of stock in Heat’s subsidiaries, Heat I, Inc. and Pelican Therapeutics, Inc. (“Pelican”), a related party prior to acquisition. The stock exchange resulted in Heat owning 100% of Heat I, Inc. and increasing its controlling ownership in Pelican from 80% to 85%.