BRIEF-Avinger Inc Has Terminated 36 Employees

Reuters

2025/01/04

Avinger Inc AVGR.O:

AVINGER INC: HAS TERMINATED 36 EMPLOYEES
AVINGER INC: TERMINATED 36 EMPLOYEES, INCLUDING ALL SALES AND MANUFACTURING PERSONNEL RELATING TO CO'S PAD PRODUCTS
AVINGER INC -WILL NO LONGER MANUFACTURE PAD PRODUCTS, EXPECTS THAT IT WILL NO LONGER GENERATE ANY REVENUES FROM SALES OF PAD PRODUCTS
AVINGER-DOES NOT BELIEVE THAT CHANGE IN STRATEGIC FOCUS OR TERMINATION OF EMPLOYEES WILL RESULT IN MATERIAL CHARGES

Source text: [ID:n0001437749-25-000331]

Further company coverage: AVGR.O

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