Tivic Health Acquires Reliefband Product Line from Reliefband Technologies

Tivic Health Systems, Inc. (Nasdaq: TIVC) entered a definitive agreement to acquire the Reliefband product line and related assets from Reliefband Technologies, LLC for up to $33.5 million (with up to $1.5 million payable in Tivic restricted common stock). The deal adds FDA-cleared, wearable electronic therapeutics to Tivic’s direct-to-consumer and prescription product portfolio to accelerate revenue growth and expand its bioelectronic medicine offerings.