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Vivani unit Cortigent agrees to merge with Nasdaq-listed ClearOne, renamed Cortigent Holdings CRGT

PUBT·07/02/2026 12:01:59
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Vivani unit Cortigent agrees to merge with Nasdaq-listed ClearOne, renamed Cortigent Holdings CRGT
  • Cortigent, a Vivani Medical subsidiary, to merge with ClearOne’s subsidiary, making Cortigent a wholly owned unit of ClearOne at closing.
  • ClearOne to raise USD 10 million to USD 15 million via a Form S-1 financing concurrent with the closing.
  • Vivani to receive 12,500,000 ClearOne shares; expected stake in the combined company of 59.4% to 67.5%.
  • ClearOne shareholders expected to own 12.7% to 14.4% post-deal; ClearOne to be renamed Cortigent Holdings, ticker CRGT.
  • Closing targeted for Q3 2026, subject to shareholder votes, financing completion, minimum net cash, and continued Nasdaq listing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vivani Medical Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607020800PRIMZONEFULLFEED9756029) on July 02, 2026, and is solely responsible for the information contained therein.