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Latest TEAR News From Around the Web
Below are the latest news stories about TearLab Corp that investors may wish to consider to help them evaluate TEAR as an investment opportunity.
TearLab reports Q1 resultsTearLab (TEAR): Q1 GAAP EPS of -$0.12.Revenue of $5.09M (-10.4% Y/Y)Press Release... |
TearLab Announces Acquisition By Accelmed Partners And Related $25 Million InvestmentTearLab Corporation (OTCQB: TEAR), a leader in Ocular Surface Diagnostics, today announced it has entered into a definitive agreement pursuant to which Accelmed Partners II (AP-II) will acquire TearLab. In connection with the acquisition, AP-II has agreed to an investment of $25 million over two tranches that will occur in conjunction with the company delisting from the "over the counter" OTCQB market and TearLab and its senior secured lender, CR Group, has agreed to restructure the terms of the company's outstanding senior secured indebtedness. Post transaction, TearLab will be a private company and AP-II will be the controlling shareholder. Proceeds from the AP-II investment will be used to pay down a portion of TearLab's existing debt, and fund both organic and inor... |
TearLab Corporation Confirms Merger DiscussionsAny transaction would be subject to the approval of TearLab’s board of directors and stockholders, as well as other customary conditions contained in a definitive agreement. TearLab cautioned that no agreement has been reached. TearLab also noted that there cannot be any assurance that an agreement will be reached or, if an agreement is reached, that a transaction will be completed. |
TearLab Resubmits 510(k) for U.S. FDA Clearance of the TearLab Discovery™ MMP-9 TestThe submission covers the TearLab Discovery™ Platform and its single-use, disposable Test Card measuring the inflammatory biomarker, matrix metalloproteinase 9 (MMP-9). TearLab Discovery™ will also be capable of performing the Company’s current FDA cleared tear osmolarity test. |
Klinik Health Ventures Corp. Announces Qualifying TransactionThe LOI outlines the principal terms and conditions which will result in a reverse takeover of Klinik by NeuPath (the "Transaction"). Klinik is a Capital Pool Company and intends for the Transaction to constitute its Qualifying Transaction, as such terms are defined in the policies of the TSX Venture Exchange (the "TSXV"). |
TearLab Corporation Reports Fourth Quarter and Full Year 2019 Financial ResultsESCONDIDO, Calif., March 05, 2020 -- TearLab Corporation (OTCQB: TEAR) (“TearLab” or the “Company”) today reported its consolidated financial results for the fourth quarter and. |
TearLab Corporation Reports Third Quarter 2019 Financial ResultsESCONDIDO, Calif., Nov. 07, 2019 -- TearLab Corporation (OTCQB: TEAR) (“TearLab” or the “Company”) today reported its consolidated financial results for the third quarter. |
TearLab Corporation Reports Second Quarter and First Half 2019 Financial ResultsESCONDIDO, Calif., Aug. 08, 2019 -- TearLab Corporation (OTCQB: TEAR) (“TearLab” or the “Company”) today reported its consolidated financial results for the second quarter. |