Vivani Medical (VANI) announced that its board of directors has set the record date for the approved spin-off of Cortigent (CRGT), its wholly-owned subsidiary developing brain implant devices with cutting-edge neuromodulation technology. Vivani shareholders holding common stock as of the record date, October 8, 2025, will receive common stock in Cortigent. Cortigent is expected to trade on the Nasdaq Stock Market under the ticker symbol “CRGT” subject to regulatory approvals and other conditions. The distribution date and share dividend ratio will be announced at a later date.
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