Second Sight Medical Products Completes Merger with Nano Precision Medical and Becomes Vivani Medical, Inc.

August 30, 2022

Second Sight Medical Products completed its merger with Nano Precision Medical and changed its name to Vivani Medical, Inc., with the combined company trading on Nasdaq under the ticker VANI. The transaction brings approximately $55 million in cash to advance Nano Precision Medical's NanoPortal implant portfolio (including lead asset NPM-119) into clinical development and places Nano Precision CEO Dr. Adam Mendelsohn as CEO of the combined company.

Buyers
Second Sight Medical Products, Inc.
Targets
Nano Precision Medical, Inc.
Industry
Biotechnology
Location
California, United States
Transaction Type
Buyout

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