BRIEF-Clearone Announces Entry Into Merger Agreement With Cortigent, Inc., A Wholly-Owned Subsidiary Of Vivani Medical

ClearOne, Inc.

ClearOne, Inc.

CLRO

0.00

July 2 (Reuters) - Clearone Inc CLRO.O:

  • CLEARONE ANNOUNCES ENTRY INTO MERGER AGREEMENT WITH CORTIGENT, INC., A WHOLLY-OWNED SUBSIDIARY OF VIVANI MEDICAL

  • CLEARONE - TO RAISE $10 MILLION-$15 MILLION CONCURRENTLY WITH DEAL CLOSING

  • CLEARONE - VIVANI TO RECEIVE 12.5 MILLION CLEARONE SHARES FOR CORTIGENT COMMON STOCK

  • CLEARONE - VIVANI TO OWN 59.4%-67.5% OF COMBINED COMPANY; CLEARONE SHAREHOLDERS 12.7%-14.4%

  • CLEARONE - COMBINED CO TO BE RENAMED CORTIGENT HOLDINGS, TO TRADE AS CRGT ON NASDAQ

  • CLEARONE - DEAL APPROVED BY BOARDS; EXPECTED TO CLOSE IN Q3 2026

Source text: ID:nBw2T1RHQa

Further company coverage: CLRO.O


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