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
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5-day change | 1st Jan Change | ||
1.095 USD | +86.64% | +94.28% | -12.74% |
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 |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-12.74% | 3.73M | |
+10.06% | 221B | |
+15.32% | 198B | |
+24.35% | 148B | |
+33.92% | 112B | |
+4.75% | 66.85B | |
+15.53% | 52.84B | |
+4.85% | 50.86B | |
-4.35% | 38.75B | |
-0.69% | 35.15B |
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