On May 7, 2024, Madryn Asset Management, LP announced that on May 3, 2024, it has delivered a nonbinding transaction proposal to Venus Concept Inc. concerning a proposed restructuring of the Company?s current debt and equity capital structure. Pursuant to the proposal, Madryn Asset Management would exchange a portion of Main Street Lending Program loan and/or other debt instruments held by Madryn Asset Management for common stock, in addition to entering into a new senior secured credit facility as a part of a comprehensive restructuring of the Company?s outstanding debt. Madryn Asset Management stated that as a result of the transactions contemplated by the proposal, Madryn Asset Management would become the majority owners of the Company?s common stock on a fully diluted basis.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
1.165 USD | +25.27% |
|
+96.00% | -5.65% |
May. 30 | Madryn Asset Management LP Provides Information to the Venus Concept Inc | CI |
May. 15 | Transcript : Venus Concept Inc., Q1 2024 Earnings Call, May 15, 2024 |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-5.65% | 5.91M | |
+9.52% | 222B | |
+14.23% | 195B | |
+23.18% | 148B | |
+33.28% | 113B | |
+4.18% | 66.45B | |
+12.66% | 53.11B | |
+3.16% | 50.03B | |
-4.17% | 38.8B | |
-2.41% | 34.85B |
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