Venus Concept soars on $20 million sale of hair transplant business
ReutersJun 6, 2025 12:28 PM
Shares of medical beauty device maker Venus Concept VERO.O rise 60% to $3.83 premarket
Co says it is selling its hair restoration business to Seoul-based firm Meta Healthcare for $20 million in cash
The sale includes the ARTAS and NeoGraft hair transplant tech and their California manufacturing facility, co says
Deal expected to close in Q3 of 2025
As of last close, stock down 42% YTD
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