Suneva Medical Inc. inked a merger agreement with Viveon Health
On January 12, 2022, Suneva Medical Inc., a leading regenerative aesthetics company, and Viveon Health Acquisition Corp., a particular purpose acquisition company, entered into a definitive merger agreement to establish a new regenerative aesthetics company. The pro forma equity valuation of the combined company is anticipated to be about $511 million. Under the agreement, 25 million shares will be issued to Suneva’s current security holders by Viveon Health. Also, in the five years following the completion of the transaction, the Suneva security holders may receive up to 12 million earn-out shares. In...
