Adverum Biotechnologies, Inc. (NASDAQ: NIC) related to its sale to Eli Lilly and Company. Under the terms of the proposed transaction, Adverum shareholders will receive $3.56 per share in cash plus one non-transferable contingent value right (“CVR”) entitling the holder to receive up to an additional $8.91 per CVR in cash upon the achievement of two certain milestones.