# Titan Medical to merge with Conavi Medical

Titan Medical Inc. has entered into a definitive amalgamation agreement to acquire all shares of Conavi Medical Inc. in an all-stock transaction, creating a publicly-listed leader in hybrid intravascular imaging. The transaction is expected to close on or around July 15, 2024.

- Type: Acquisition
- Announced: 2024-03-18
- Where: Toronto, Ontario, Canada
- Status: announced
- Products: Novasight Hybrid System, intravascular imaging equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Titan Medical](https://endata.com/companies/47681.md)
- [Conavi Medical Inc](https://endata.com/companies/28137.md) (target)
- [Titan Medical](https://endata.com/companies/47681.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2024/03/18/2847703/0/en/titan-announces-merger-agreement-with-conavi.html), 2024-03-18: "This planned merger comes at a pivotal moment in the evolution of our company as we continue to advance the Novasight Hybrid System."
- [massdevice.com](https://www.massdevice.com/titan-medical-merger-conavi-medical/), 2024-03-18: "This merger is the result of a thoughtful and careful review of strategic options and reflects the continued commitment of our management team and board of directors to deliver value to shareholders."
- [therobotreport.com](https://www.therobotreport.com/titan-medical-enters-merger-with-conavi-medical/), 2024-03-18: "This merger is the result of a thoughtful and careful review of strategic options and reflects the continued commitment of our management team and board of directors to deliver value to shareholders."
- [medicaldevice-network.com](https://www.medicaldevice-network.com/news/titan-medical-signs-deal-to-merge-with-conavi-medical/), 2024-03-19: "Canadian surgical device manufacturer Titan Medical has announced that it plans to merge with imaging guidance company Conavi Medical."
- [distinguished-mag.com](https://www.distinguished-mag.com/titan-medical-merges-with-conavi-medical/), 2024-04-06: "Titan Medical Inc. (“Titan”) announced on March 18, 2024, that it is merging with Conavi Medical Inc. (“Conavi”)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.