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Avinger ( (AVGR) ) has shared an update.
On February 5, 2025, Avinger, Inc. held a Special Meeting of Stockholders where they approved a plan for the transfer of assets to an assignee followed by a potential dissolution, if deemed in the company’s best interest. By February 10, the Board authorized the assignment of the company’s assets to Avinger (assignment for the benefit of creditors), LLC, and terminated several key executives, including the CEO, CFO, and CTO, with each receiving a separation agreement. On the same day, multiple board members resigned, highlighting a significant restructuring shift within the company.
More about Avinger
YTD Price Performance: -52.66%
Average Trading Volume: 2,420,957
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.3M
Learn more about AVGR stock on TipRanks’ Stock Analysis page.