Brief: Avinger Inc Has Terminated 36 Employees

Avinger

03/01/2025 23:01

Avinger Inc  AVGR.O :
    * AVINGER INC: HAS TERMINATED 36 EMPLOYEES
    * AVINGER INC: TERMINATED 36 EMPLOYEES, INCLUDING ALL SALES
AND
MANUFACTURING PERSONNEL RELATING TO CO'S PAD PRODUCTS
    * AVINGER INC -WILL NO LONGER MANUFACTURE PAD PRODUCTS,
EXPECTS
THAT IT WILL NO LONGER GENERATE ANY REVENUES FROM SALES OF PAD
PRODUCTS
    * AVINGER-DOES NOT BELIEVE THAT CHANGE IN STRATEGIC FOCUS OR
TERMINATION OF EMPLOYEES WILL RESULT IN MATERIAL CHARGES

Source text:  ID:n0001437749-25-000331 
Further company coverage:  AVGR.O