Jul. 2 at 2:46 PM
$VANI ClearOne to acquire Vivani’s Cortigent, will issue 12.5M shares and rebrand as Cortigent Holdings (CRGT)
ClearOne (CLRO) entered a definitive merger agreement to acquire Cortigent, a wholly owned subsidiary of Vivani Medical (VANI), issuing 12.5M ClearOne shares to Vivani and planning to rename the combined company Cortigent Holdings with an expected ticker CRGT. ClearOne will file an S-1 to raise
$10–15M concurrent with closing, Vivani is expected to own ~59.4%–67.5% of the combined company (ClearOne holders ~12.7%–14.4%), and the deal is targeted to close in Q3 2026 subject to shareholder approvals, financing, Nasdaq listing and other customary conditions.