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ClearOne merges with Cortigent to become Cortigent Holdings
PUBLIC · CRGTJul 05, 2026•21 days ago
Acquiring Company
Cortigent
Acquired Company
ClearOne
United StatesSalt Lake CityManufacturingBiotechnologyHealth CareMedicalMedical DeviceInformation Technology
Description
ClearOne Inc. is merging with Cortigent, a neurostimulation developer, and will rebrand as Cortigent Holdings, relisting on Nasdaq under ticker CRGT. Vivani Medical will control a significant portion of the combined entity, leading to considerable ownership dilution for legacy ClearOne shareholders. The merger aims to shift the focus towards advanced med-tech and brain-computer interface solutions.
Company Information
Company
Cortigent
Location
United States
About
Cortigent, Inc. is developing brain implant devices aimed at helping patients regain critical body functions. Their neurostimulation technology platform leverages neuroscience and proprietary microelectronics to create advanced medical devices. The company emerged from Second Sight Medical Products, known for the FDA-approved Argus® II device for treating blindness. Cortigent is applying its technology to assist in restoring motion for patients with paralysis.