Hyperfine CEO Scott to step down, shares fall

Hyperfine

29/06/2022 22:06

** Shares of medical device company Hyperfine Inc  HYPR.O 
down ~15% at $2.29 after the bell 
    ** HYPR says President and CEO Dave Scott will step down
from his roles for personal reasons, effective July 29
 urn:newsml:reuters.com:*:nGNX523JDg
    ** Scott helped HYPR transition to a public co last year
    ** HYPR names Scott Huennekens, executive chairperson of the
board, as interim President and CEO
    ** Co says it is engaging in a search for a long-term CEO 
    ** HYPR also reaffirms its full-year 2022 forecast
    ** Up to Wednesday close, stock had fallen ~63% this year

 (Reporting by Ananya Mariam Rajesh in Bengaluru)
 ((AnanyaMariam.Rajesh@thomsonreuters.com ; Twitter: https://twitter.com/AnanyaMariam))