Nano Precision Medical is funded by Private Investors. Second Sight Medical Products and Nano Precision Medical Announce Merger Agreement to Create Leading Therapeutic Impl. Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. Nano Precision Medical is a small education company based in California with only 30 employees and an annual revenue of $1.6M. This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. The firm last filed a Form D notice of exempt offering of securities on 2016-02-22. Delayed Nasdaq 300 Held Drive Northampton, PA 18067 USA 610-262-6090 | 800-272-7285 On June 15, 2015, NPM granted a waiver to Second Sight Medical Products in connection with the Merger Agreement (the Waiver). March 23, 2022 . Upon completion of the Merger and subject to shareholder approval, Second Sight will change its name to Vivani Medical, Inc. and change its trading symbol as NPM requests in writing following consultation with Nasdaq. If you have an ad-blocker enabled you may be blocked from proceeding. Under the terms . The parties anticipate completion of the merger in 2Q/3Q 2022. NPM is a biopharmaceutical business which develops miniaturized, subdermal drug implants utilizing its proprietary NanoPortal technology to enable long-term, near constant-rate delivery of a broad. NPM focused its early efforts on developing its foundational science and technology. EYES is a penny stock, and finished trading yesterday at $1.40. (31) Who is Nano Precision Medical. The Company leverages proprietary technologies to develop and commercialize drug and device implants that treat patients with chronic diseases with high unmet medical need. Compare Today's Range N/A 50-Day Range $4.11 $13.05 52-Week Range N/A Volume 36,800 shs Average Volume 132,982 shs Market Capitalization $54.38 million P/E Ratio N/A Dividend Yield N/A Forward-looking statements are neither historical facts nor assurances of future performance. You may preregister for the event by visiting https://viavid.webcasts.com/starthere.jsp?ei=1527993&tp_key=b16592ee32. Nano Precision Medical, Inc. 1-302-379-0184 don@nanoprecisionmedical.com Source: Second Sight Medical Products, Inc. Industry Surgical and Medical Instrument Manufacturing Security name Vivani Medical Inc Issue type cs Sector Manufacturing Sic code 3845 Employees 12 Tags Health Technology Medical Specialties Manufacturing It is further anticipated, following the consummation of the Merger, Adam Mendelsohn will serve as chief executive officer of the combined company, and Brigid Makes will serve as chief financial officer. Toll-Free) or 1-201-493-6784 (International) a few minutes before the 9:00 a.m. LOS ANGELES, August 30, 2022--Second Sight Medical Products, Inc.(NASDAQ: EYES) (the "Company" or "Second Sight"), a leading developer of implantable visual prosthetics that are intended to create an artificial form of useful vision for blind individuals, announced today the completion of its merger with Nano Precision Medical, Inc. ("NPM"). LOS ANGELES & EMERYVILLE, Calif.--(BUSINESS WIRE)--Second Sight Medical Products, Inc. (NASDAQ: EYES) (the "Company" or "Second Sight") and Nano Precision Medical, Inc. ("NPM"), today announced that the. Morrow Sodali LLC acted as information agent to Second Sight. Nano Precision Medical is based out of Emeryville. Management of Second Sight and NPM will host an investor presentation on Tuesday, February 8, 2022, at 9:00 am EST to discuss the proposed transaction. A free inside look at Nano Precision Medical salary trends based on 9 salaries wages for 9 jobs at Nano Precision Medical. Nano Precision Medical, Inc. ("NPM") is a biopharmaceutical business which develops miniaturized, subdermal drug . Furthermore, the focus of the newly-formed merged company will be the development of innovative implants for chronic diseases. Shareholders and other interested parties may also participate in the conference call by dialing 1-877-407-9208 (U.S. Second Sight, Nano Precision complete merger, renaming as Vivani Medical SA NewsTue, Aug. 30 Second Sight Medical sheds ~17% after reverse stock split SA NewsFri, Aug. 19 2 Comments. Get the latest business insights from Dun & Bradstreet. June 24, 2022. . The transaction has been unanimously approved by the board of directors of Second Sight and the board of directors of NPM. The combined company will be under the leadership of NPMs co-founder and CEO Adam Mendelsohn. Tags Medical De/idenfication NLP. Nano Precision Medical, Inc. entered into a definitive agreement to acquire Second Sight Medical Products, Inc. in a reverse merger transaction on February 4, 2022. According to Second Sight Chairman of the Board Gregg Williams, The merger with NPM aligns with our expanded vision to become a top device and drug implant company, allows us immediate access to NPMs experienced executive leadership team, and provides the two companies with a myriad of opportunities to leverage potential synergies. NPMs Dr. Adam Mendelsohn added At NPM we are very excited about the proposed merger with Second Sight, which will enable NPM to accelerate development activities for its internal pipeline and also engage with Second Sight in the continued exploration of their visual prosthesis business opportunity.. More information is available at secondsight.com. A free inside look at company reviews and salaries posted anonymously by employees. 3 Nano Precision Medical reviews. The company's common stock will trade on Nasdaq under . Some of these risks and uncertainties may in the future be amplified by the COVID-19 outbreak and there may be additional risks that Second Sight considers immaterial or which are unknown. Nov 5. Page cannot be displayed. Vivani Medical, Inc., which will soon trade under the Nasdaq ticker VANI, is the combination of Nano Precision Medical, Inc. and Second Sight Medical Products, Inc. Adam Mendelsohn, chief executive of Nano Precision Medical, the company with which Second Sight is planning to merge, told the BBC that it would consider the issues once the merger had been . The transaction is expected to close in the second/third quarter of 2022. NPM will be the surviving company and owned by . Nano Precision is . Second Sight Medical Products Inc : Amendments to Articles of Inc. or Bylaws; Change in Fi.. Second Sight Medical Products, Inc. Reports Earnings Results for the Second Quarter and.. Second Sight Medical Products : Quarterly Report for Quarter Ending June 30, 2022 (Form 10.. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. EYES will issue ~134M. Second Sight will issue 134M shares to acquire full ownership Nano Precision Medical. Second Sight shareholders will own ~23% of the combined company. 1 min read Second Sight Medical Products Inc (NASDAQ: EYES) will acquire privately-held Nano Precision Medical Inc in an all-stock transaction. The notice included securities offered of Equity Summary 13D/G Insider (Form 4) Form D 13 Contact Info nano precision medical, inc. 5858 HORTON STREET, SUITE 393 EMERYVILLE CA 94608 Business Phone: (310) 488-8158 NPM will be the surviving company and owned by Second Sight. Completion of non-clinical studies to support an Investigational New Drug Application (IND), filing the IND with the Food and Drug Administration and initiation of the First-in-Human clinical study, also known as the LIBERATE-1 trial, are anticipated by late 2022. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. The surviving company Nano Precision Medical will be owned by Second Sight. Sie knnen Ihre Einstellungen jederzeit ndern. Second Sight Medical Products, Inc. (NASDAQ: EYES) and Nano Precision Medical, Inc. (NPM), today announced that they have entered into a definitive agreement under which privately held NPM. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. A special committee of the Board of Directors of SSMP, by unanimous vote of all members of such committee participating in the vote, has (i) determined that the Merger is advisable and in the best interests of SSMP and its stockholders, (ii) approved this Agreement, the Merger, the issuance of shares of SSMP Common Stock to the stockholders of Nano Precision Medical, Inc. pursuant to the terms of this Agreement, and the other actions contemplated by this Agreement, and (iii) determined to recommend that the stockholders of SSMP vote to approve the issuance of shares of SSMP Common Stock to the stockholders of Nano Precision Medical, Inc. pursuant to the terms of this Agreement, and such other actions as contemplated by this Agreement. NPM is a biopharmaceutical business which develops . 2009. Nano Precision Medical has a post-money valuation in the range of $10M to $50M as of Feb 22, 2016, according to PrivCo. NPM-119 will eliminate the need for . Second Sights legacy product, the Argus II, was approved by the FDA for the treatment of retinitis pigmentosa and was the worlds first FDA and CE Mark approved device that provides artificial vision to individuals with bare to no light perception. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release. The Boards of both companies voted to support the proposed merger agreement. Prior to the merger, EYES will provide NPM with $8M for working capital and to enable acceleration of pipeline programs. Second Sight Medical Products (NASDAQ: EYES) will acquire Nano Precision Medical (NPM) and merge it with a wholly-owned subsidiary in an all-stock transaction. BRKR. The Companys headquarters are in Emeryville, California. Nano Precision Medical is a company developing medical devices to improve treatment for people suffering from chronic diseases. These drug implants, designed to deliver minimally fluctuating drug profiles, will address drug non-adherence which is one of the top reasons for sub-optimal clinical benefit associated with oral and injectable products that treat chronic disease. Second Sight undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law. Nano Precision Medical's lead program, NPM-119, is a near clinical stage GLP-1 receptor agonist developed to treat patients with Type 2 diabetes for up to 6 months with a single, tiny subdermal . Inc is a privately held biopharmaceutical company developing drug implants by leveraging the companys proprietary NanoPortal drug implant technology. Second Sight Medical Products, Inc. (NASDAQ: EYES) ("Second Sight"), a recognized global leader in neuromodulation devices for blindness, today announced that an interview with Adam Mendelsohn, Ph.D., Co-Founder and CEO of Nano Precision Medical, Inc. ("NPM"), will air on The RedChip Money Report on Bloomberg US on April 16 at 7 p.m. Eastern Time (ET). Philip von Mehren of Venable LLPacted as legal advisor to Second Sight Medical Products, Inc.Andrew D. Huddersof Golenbock Eiseman Assor Bell & Peskoe LLPacted as legal advisor to Nano Precision Medical, Inc. ThinkEquity is serving as financial advisor to Second Sight in connection with the merger. Reviews from Nano Precision Medical employees about Nano Precision Medical culture, salaries, benefits, work-life balance, management, job security, and more. Accelerate device research. Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of Second Sight Medical Products, Inc. and Nano Precision Medical, Inc. is fair to Second Sight. at the annual meeting, the shareholders voted on seven proposals: (1) approving the merger agreement with nano precision medical, inc. ("npm") and the transactions contemplated thereby,. Connect to CRM . Copyright 2022 Surperformance. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. Pursuant to the engagement letter between ThinkEquity and Second Sight, ThinkEquity was paid an initial opinion fee aggregating $260,000 and received an additional opinion fee of $100,000 following delivery of its fairness opinion. Funding Rounds Number of Funding Rounds 10 Total Funding Amount $55.5M Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. 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