Venus Concept soars on $20 million sale of hair transplant business

ReutersJun 6, 2025 12:28 PM

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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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