Vivos Therapeutics, Inc. (VVOS): M&A transaction — Vivos closes Sleep Center of Nevada acquisition for $6M cash + stock; issues $8.25M note

Vivos Therapeutics, Inc.

Acquired operating assets of SCN for $6M cash, 607k restricted shares ($1.5M at VWAP), plus contingent earn-out of up to $1.5M in stock.
Wholly-owned AIM subsidiary signed 15-year PAAs with SCN ($200k/mo fee) and SCN PLLC ($100k/mo fee) to manage practice in compliance with CPM laws.
Issued $8.25M secured promissory note to Streeterville Capital to finance the acquisition; AIM membership interests pledged as collateral.
Integration of two of seven SCN locations underway; deploying 1.5 SO teams currently, targeting 4.5 teams by Q1 2026; patient demand exceeds capacity.
SCN revenue expected in Q2 fiscal 2025; risk factors note unproven model, CPM law compliance, and debt service obligations.

item 9.01 item 1.01 item 2.01 item 8.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Vivos Therapeutics, Inc. completed an acquisition involving The Sleep Center of Nevada (SCN) (closed 2025-06-10).

Action: acquisition
Counterparty: The Sleep Center of Nevada (SCN)
Closing: 2025-06-10

Exact text from the filing

On June 10, 2025, the Company completed the Acquisition, and the Company had acquired all of the operating assets of the Seller in consideration for a (i) cash payment equal to $6.0 million, (ii) 607,287 shares of restricted common stock in the Company, par value $0.0001 per share (the “ Common Stock ”), equal to $1.5 million based on the volume-weighted average price (“ VWAP ”) of the Common Stock for the 30 days immediately preceding the Acquisition and (iii) the assumption of certain specific trade accounts payable and liabilities related to specific SCN contracts assigned to the Company as part of the Acquisition.

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Vivos Therapeutics, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-025396

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