Jul. 16 at 11:51 PM
$RSLS The merger is contingent on approval by ReShape’s shareholders, with a special shareholders’ meeting scheduled for July 24, 2025. Recent news indicates that the merger is progressing, supported by a
$200,000 loan from ReShape to Vyome on June 27, 2025, intended for working capital and merger-related expenses such as legal and accounting costs. This loan carries an 8% annual interest rate and does not need to be repaid if the merger is completed by September 30, 2025, highlighting the urgency and progress of the transaction.
In June 2016, Vyome Therapeutics was estimated to be valued between
$300 million and
$500 million.