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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): July 28, 2025
ENVOY
MEDICAL, INC.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-40133 |
|
86-1369123 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification No.) |
4875 White Bear Parkway
White Bear Lake, MN |
|
55110 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (877) 900-3277
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Class A Common Stock,
par value $0.0001 per share |
|
COCH |
|
The Nasdaq Stock Market
LLC |
Redeemable Warrants,
each whole Warrant
exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share |
|
COCHW |
|
The Nasdaq Stock Market
LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item
1.01 Entry into a Material Definitive Agreement.
Envoy
Medical, Inc. (the “Company”) has previously issued Stock Purchase Warrants (the “Shortfall Warrants”)
to Meteora Special Opportunity Fund I, LP (“MSOF”), Meteora Capital Partners, LP (“MCP”), Meteora
Select Trading Opportunities Master, LP (“MSTO”) and Meteora Strategic Capital, LLC (“MSC” and,
collectively with MSOF, MCP and MSTO, the “Meteora Parties”) pursuant to the terms of the Equity Prepaid Forward Transaction,
dated as of April 17, 2023, by and among the Company, Envoy Medical Corporation, and the Meteora Parties.
On
July 28, 2025, the Company and the Meteora FPA Parties entered into an Amendment No. 3 to Common Stock Purchase Warrant to amend
the 3,209,511 Shortfall Warrants that remain outstanding to change the exercise price (the “Warrant Amendment”). Pursuant
to the Warrant Amendment, the exercise price of the Shortfall Warrants is determined based on a volume weighted average price (VWAP)
formula, measured weekly, and subject to a minimum price of $1.50 per share.
The
issuance and resale of the shares of the Company’s Class A Common Stock issuable upon exercise of the Warrants and the resale
of the Shortfall Warrants were registered pursuant to the Company’s Registration Statement on Form S-1 (File No. 333-276590), which
was declared effective by the U.S. Securities and Exchange Commission on May 2, 2024.
The
foregoing description of the Warrant Amendment does not purport to be complete and is qualified in its entirety by reference to the full
text of the Warrant Amendment, which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. |
|
Exhibit |
10.1 |
|
Amendment to Forward Stock Purchase Agreement, between the Meteora FPA Parties and the Company, dated July 28, 2025. |
104 |
|
Cover Page Interactive Data File (embedded within
the XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: July 29, 2025 |
ENVOY MEDICAL, INC. |
|
|
|
|
By: |
/s/ Brent
Lucas |
|
|
Brent Lucas |
|
|
Chief Executive Officer |
2