Please see below the “Update to the Sale of the OnLume Surgical Assets and Intellectual Property”.
The 6-week “Date-Certain M&A Gerbsman Partners Process” was successful in communicating the availability of the OnLume assets to a broad range of potential buyers and in doing so, generated significant interest, a substantial portion of which relates to a strategic combination of the OnLume technology with existing businesses.
With the continued assistance of Gerbsman Partners, OnLume Surgical intends to pursue these avenues of strategic interest beyond the bid date timeline of February 22, 2024
Interested parties currently engaged in the process, as well as new interested parties should contact, Steven R. Gerbsman of Gerbsman Partners at steve@gerbsmanpartners.com.
Best regards
Steve Gerbsman
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