ClearOne (CLRO) announced on Thursday that it signed a definitive merger agreement to acquire Vivani Medical (VANI)’s unit Cortigent. – After the deal closes, Cortigent will become a wholly owned subsidiary of ClearOne. – The company plans to raise $10M-$15M through a Form S-1…
nancing alongside the transaction closing. – This funding is expected to support the combined company’s pipeline development. – Chairman Eric Robinson said Cortigent’s neurostimulation technology, aimed at helping patients recover sight and motor function, addresses significant unmet medical needs