Brief: Second Sight Medical Products And Nano Precision Medical Announce Merger Agreement

Vivani Medical

07/02/2022 21:55

Feb 7 (Reuters) - Second Sight Medical Products Inc
 EYES.O :
    * SECOND SIGHT MEDICAL PRODUCTS AND NANO PRECISION MEDICAL
ANNOUNCE MERGER AGREEMENT TO CREATE LEADING THERAPEUTIC IMPLANT
COMPANY
    * SECOND SIGHT MEDICAL PRODUCTS INC - WILL ISSUE
APPROXIMATELY 134
MILLION SHARES OF ITS COMMON STOCK TO ACQUIRE FULL OWNERSHIP OF
NPM
    * SECOND SIGHT MEDICAL PRODUCTS INC - CO'S SHAREHOLDERS WILL
ACQUIRE APPROXIMATELY 23% EQUITY OF COMBINED COMPANY
    * SECOND SIGHT MEDICAL PRODUCTS INC - COMBINED COMPANY WILL
BE
UNDER LEADERSHIP OF NPM'S CO-FOUNDER, CEO AND CHAIRMAN, ADAM
MENDELSOHN

Source text for Eikon:  ID:nBw9jQrJJa 
Further company coverage:  EYES.O 

 ((Reuters.Briefs@thomsonreuters.com;))