Item 7.01 . Regulation FD Disclosure. As previously disclosed, Vivani Medical, Inc. (“Vivani”) entered into a definitive agreement and plan of merger among its wholly owned subsidiary Cortigent, Inc. (“Cortigent”), ClearOne, Inc. (“ClearOne”), and CLRO Merger Sub, Inc. (“MergerSub”), pursuant to which Cortigent will merge with and into MergerSub and become a wholly owned subsidiary of ClearOne (the “Transaction”).…
Filed Oct 30, 2026Accepted Oct 30, 2026, 4:30 PM EDTCIK 1266806Accession 0001753926-26-002036
Leveraging its proprietary NanoPortal™ platform, Vivani develops miniature, biopharmaceutical implants designed to deliver drug molecules steadily over extended periods of time with the goal of guaranteeing adherence and improving patient tolerance to their medication. Vivani is developing a portfolio of GLP-1 based implants for metabolic diseases including obesity and type 2 diabetes. These NanoPortal implants are designed for once- or twice-yearly administration to provide patients with the opportunity to realize the full potential benefit of their medication by avoiding the numerous challenges associated with the daily or weekly administration of orals and injectables, including tolerability issues and loss of efficacy. Medication non-adherence occurs when patients do not take their medication as prescribed. This affects an alarming number of patients, approximately 50%, including those taking daily pills. For more information, please visit: www.vivani.com.
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Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01
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Regulation FD Disclosure.
As previously disclosed, Vivani Medical, Inc. (“Vivani”) entered into a definitive agreement and plan of merger among its wholly owned subsidiary Cortigent, Inc. (“Cortigent”), ClearOne, Inc. (“ClearOne”), and CLRO Merger Sub, Inc. (“MergerSub”), pursuant to which Cortigent will merge with and into MergerSub and become a wholly owned subsidiary of ClearOne (the “Transaction”). While Vivani has anticipated that the Transaction would close in October 2026, the closing of the Transaction continues to remain subject to receiving final regulatory approval. The parties to the Transaction expect the closing to occur shortly after receipt of such approval.
The information contained in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), as amended, or otherwise subject to the liabilities under that Section. Furthermore, the information contained in this Item 7.01 shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by reference in such a filing.