---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-22-001222"
form_type: "8-K"
ticker: "VANI"
cik: "0001266806"
company_name: "Vivani Medical, Inc."
filed_at: "2022-09-02T23:59:59+00:00"
generated_at: "2026-06-23T16:14:46.142266+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vivani (fka Second Sight) completes merger with Nano Precision Medical; ticker changes to VANI

## Summary
- Closed merger with NPM on Aug 30, 2022; issued 37.6M shares to NPM holders, giving them ~74.1% ownership.
- Name changed to Vivani Medical; common stock begins trading under VANI; warrants VANIW to be delisted.
- Board reduced to five; Adam Mendelsohn appointed CEO; new C-suite includes Brigid Makes (CFO), Truc Le (COO).
- Pro forma cash ~$55M; lead drug implant NPM-119 for Type 2 diabetes expected to begin clinical evaluation by end of 2022.
- NPM's unaudited H1 2022 net loss $8.0M on zero revenue; cash and equivalents $3.45M as of June 30, 2022.

## SEC filing metadata
- accession: 0001753926-22-001222
- form_type: 8-K
- ticker: VANI
- cik: 0001266806
- company_name: Vivani Medical, Inc.
- filed_at: 2022-09-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 5.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/g083173_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-22-001222
- JSON: https://secwatch.observer/filing/0001753926-22-001222.json
- Plain text: https://secwatch.observer/filing/0001753926-22-001222.txt

## Key facts
- Executive change
  Lisa Porter was appointed as Chief Medical Officer at Vivani Medical, Inc..
  - Action: appointed
  - Role: Chief Medical Officer
  source text: As of the Effective Time, the Board appointed Adam Mendelsohn, as Chief Executive Officer of the Company, Brigid A. Makes, as Chief Financial Officer of the Company, Truc Le, as Chief Operating Officer of the Company, Donald Dwyer, as Chief Business Officer of the Company, and Lisa Porter, as Chief Medical Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- Executive change
  Adam Mendelsohn was appointed as Director at Vivani Medical, Inc..
  - Action: appointed
  - Role: Director
  source text: On and as of the Effective Date, the Board appointed Adam Mendelsohn as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- Executive change
  Scott Dunbar resigned as Acting Chief Executive Officer at Vivani Medical, Inc..
  - Action: resigned
  - Role: Acting Chief Executive Officer
  source text: Scott Dunbar, Company’s Acting Chief Executive Officer and Edward Sedo, the Company’s Acting Chief Accounting Officer, resigned as officers of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- Executive change
  Donald Dwyer was appointed as Chief Business Officer at Vivani Medical, Inc..
  - Action: appointed
  - Role: Chief Business Officer
  source text: As of the Effective Time, the Board appointed Adam Mendelsohn, as Chief Executive Officer of the Company, Brigid A. Makes, as Chief Financial Officer of the Company, Truc Le, as Chief Operating Officer of the Company, Donald Dwyer, as Chief Business Officer of the Company, and Lisa Porter, as Chief Medical Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- Executive change
  Matthew Pfeffer resigned as Director at Vivani Medical, Inc..
  - Action: resigned
  - Role: Director
  source text: Pursuant to the Merger Agreement, immediately prior to and effective upon the Merger, Jonathan Will McGuire and Matthew Pfeffer, resigned from the Board and any respective committees of the Board to which they belonged, which resignations were not the result of any disagreements with the Company relating to the Company’s operations, policies or practices .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- Executive change
  Edward Sedo resigned as Acting Chief Accounting Officer at Vivani Medical, Inc..
  - Action: resigned
  - Role: Acting Chief Accounting Officer
  source text: Scott Dunbar, Company’s Acting Chief Executive Officer and Edward Sedo, the Company’s Acting Chief Accounting Officer, resigned as officers of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- Executive change
  Truc Le was appointed as Chief Operating Officer at Vivani Medical, Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: As of the Effective Time, the Board appointed Adam Mendelsohn, as Chief Executive Officer of the Company, Brigid A. Makes, as Chief Financial Officer of the Company, Truc Le, as Chief Operating Officer of the Company, Donald Dwyer, as Chief Business Officer of the Company, and Lisa Porter, as Chief Medical Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- Executive change
  Brigid A. Makes was appointed as Chief Financial Officer at Vivani Medical, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: As of the Effective Time, the Board appointed Adam Mendelsohn, as Chief Executive Officer of the Company, Brigid A. Makes, as Chief Financial Officer of the Company, Truc Le, as Chief Operating Officer of the Company, Donald Dwyer, as Chief Business Officer of the Company, and Lisa Porter, as Chief Medical Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- Executive change
  Jonathan Will McGuire resigned as Director at Vivani Medical, Inc..
  - Action: resigned
  - Role: Director
  source text: Pursuant to the Merger Agreement, immediately prior to and effective upon the Merger, Jonathan Will McGuire and Matthew Pfeffer, resigned from the Board and any respective committees of the Board to which they belonged, which resignations were not the result of any disagreements with the Company relating to the Company’s operations, policies or practices .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm
- Executive change
  Adam Mendelsohn was appointed as Chief Executive Officer at Vivani Medical, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: As of the Effective Time, the Board appointed Adam Mendelsohn, as Chief Executive Officer of the Company, Brigid A. Makes, as Chief Financial Officer of the Company, Truc Le, as Chief Operating Officer of the Company, Donald Dwyer, as Chief Business Officer of the Company, and Lisa Porter, as Chief Medical Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001222/0001753926-22-001222-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.