Vivani Subsidiary Cortigent To Merge With ClearOne, Creating Nasdaq-Listed Cortigent Holdings

Vivani Medical’s wholly owned subsidiary, Cortigent, Inc., will merge with ClearOne, Inc. (CLRO). The announcement provides limited deal economics in the headline, so near-term impact is likely modest absent further terms.

Analysis

Vivani Medical’s wholly owned subsidiary, Cortigent, Inc., will merge with ClearOne, Inc. (CLRO). The announcement provides limited deal economics in the headline, so near-term impact is likely modest absent further terms.