Venus Concept Completes Merger With Restoration Robotics and Combined Company Raises $28 Million in Private Placement
RESTORATION ROBOTICS (HAIR)
NASDAQ:AMEX Investor Relations:
ir.restorationrobotics.com
Company Research
Source: GlobeNewswire
Combined company will create a leading global medical aesthetics companyCombined company to commence trading on The Nasdaq Global Market on November 8, 2019 under Ticker Symbol “VERO”Venus Concept and Restoration Robotics Announce Preliminary Third Quarter and First Nine Months of 2019 Revenue Results; Updates Combined Company 2019 Revenue Outlook TORONTO, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Venus Concept Inc., a global medical aesthetic technology leader today announced the completion of its previously announced merger with Restoration Robotic, Inc. (NASDAQ: HAIR, through November 7, 2019), a leader in robotic hair restoration, effective as of November 7, 2019. Following the completion of the merger, Venus Concept completed a $28 million equity financing by EW Healthcare Partners, HealthQuest Capital, SEDCO Capital and others. The holders of shares of shares of Venus Concept Ltd. capital stock outstanding immediately prior to the merger received 8.6506 shares of Restoration Robotic
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