---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-25-001655"
form_type: "8-K"
ticker: "VANI"
cik: "0001266806"
company_name: "Vivani Medical, Inc."
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T01:52:51.283453+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vivani Medical prices $15.7M equity offering; Chairman participates in $6.0M private placement

## Summary
- Registered direct offering of 6M shares and private placement of 3.7M shares priced at $1.62/share for total gross proceeds of ~$15.7M.
- Private placement purchased by Board Chairman Gregg Williams, generating ~$6.0M; no warrants or fees incurred.
- ThinkEquity acts as sole placement agent; Company to pay 7% fee plus up to $125k reimbursable expenses.
- Closing expected October 28, 2025; proceeds to fund clinical development and working capital; officers subject to 60-day lock-up.

## SEC filing metadata
- accession: 0001753926-25-001655
- form_type: 8-K
- ticker: VANI
- cik: 0001266806
- company_name: Vivani Medical, Inc.
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1266806/000175392625001655/0001753926-25-001655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1266806/000175392625001655/vani-20251026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-25-001655
- JSON: https://secwatch.observer/filing/0001753926-25-001655.json
- Plain text: https://secwatch.observer/filing/0001753926-25-001655.txt

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