Envoy Medical Settles $32 Million Debt as Glen Taylor Resigns After 20 Years

Reported about 8 hours ago

Envoy Medical Inc. announced the retirement of $32 million in debt owed to GAT Funding, owned by Glen A. Taylor, who is also stepping down from the board after two decades. Taylor expressed confidence in the company’s future following positive developments, including new patents and the introduction of CPT codes for its Esteem device. Envoy Medical's stock saw a slight decline in premarket trading.

Source: YAHOO

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