earnings
confidence high
sentiment positive
materiality 0.80
Vivani Medical raises $10M, reports Q2 loss of $7.1M, advances semaglutide implant NPM-139
Vivani Medical, Inc.
2025-Q2 EPS
reported -$0.23
vs consensus -$0.10
▼ miss
(-125.5%)
- Raised $10M via private placement of 7.94M shares at $1.26/share with director-affiliated entity.
- Q2 2025 net loss $7.1M vs $5.3M in Q2 2024; cash $8.1M as of June 30, 2025.
- Positive preclinical data for NPM-139: ~20% weight loss maintained >6 months with single implant.
- Plans to initiate NPM-139 clinical program in 2026; spin off Cortigent division in H2 2025.
- Appointed Anthony Baldor as CFO; additional $21.25M committed capital through July 2026.
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