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The latest announcement is out from Vapotherm ( (VAPO) ).
Vapotherm, Inc. has successfully completed a merger with an entity backed by Perceptive Advisors, LLC. As part of the deal, SLR Capital Partners converted substantial debt into preferred equity, while Perceptive injected fresh capital. Post-merger, Vapotherm’s common stock has been suspended from OTCQX trading and steps are being taken to deregister the stock. The company is known for its advanced non-invasive respiratory technologies that have aided over 4.5 million patients.
For a thorough assessment of VAPO stock, go to TipRanks’ Stock Analysis page.
