August 27, 2016 7:32 PM ET

Healthcare Equipment and Supplies

Company Overview of Hansen Medical, Inc.

Company Overview

Hansen Medical, Inc. develops, manufactures, and sells medical robotics designed for the positioning, manipulation, and control of catheters and catheter-based technologies in the United States and internationally. It offers Sensei systems and Artisan Control Catheters for manipulation, positioning, and control of mapping catheters during electro-physiology procedures; and CoHesion 3D Visualization Module, a software interface that provides physicians with 3D visualization to augment their ability to move a catheter throughout the atria, as well as increase control over placement of the catheter in specific locations. The company also provides Magellan Robotic System, which controls the prop...

800 East Middlefield Road

Mountain View, CA 94043

United States

Founded in 2002

130 Employees

Phone:

650-404-5800

Fax:

650-404-5901

Key Executives for Hansen Medical, Inc.

Chief Executive Officer
Age: 64
Chief Financial Officer and Director
Age: 56
Vice President of Clinical, Regulatory and Quality Affairs
Age: 50
Senior Vice President of Global Sales
Age: 56
Compensation as of Fiscal Year 2016.

Hansen Medical, Inc. Key Developments

Hansen Medical Files Form 15

Hansen Medical, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended.

Hansen Medical, Inc. Announces Management Changes

As previously announced, Hansen Medical, Inc. entered into that certain agreement and plan of merger dated as of April 19, 2016 with Auris Surgical Robotics, Inc. and Pineco Acquisition Corp. Michael L. Eagle, Christopher P. Lowe, Dr. Stephen L. Newman, William R. Rohn and Cary G. Vance, resigned as directors of the company. In accordance with the terms of the Merger Agreement, Cary G. Vance, Chief Executive Officer of Hansen, and Christopher P. Lowe, Chief Financial Officer of Hansen, each resigned as officers of the company. In accordance with the terms of the merger agreement, Frederic Moll and David Styka, each an officer of merger sub prior to the merger, became Chief Executive Officer and Chief Financial Officer of the company, respectively.

Hansen Medical Requests NASDAQ To File Form 25 With SEC To Delist And Deregister Common Stock

As previously announced, Hansen Medical, Inc. (“Hansen”), entered into that certain Agreement and Plan of Merger dated as of April 19, 2016 (the “Merger Agreement”), with Auris Surgical Robotics, Inc. (“Auris”), and Pineco Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Auris (“Merger Sub”). On July 27, 2016, Hansen and Auris consummated the transactions contemplated by the Merger Agreement. The Merger became effective on such date upon the filing of the certificate of merger with the Secretary of State of the State of Delaware (the “Effective Time”). On July 27, 2016, in connection with the consummation of the Merger, Hansen notified The NASDAQ Stock Market (“NASDAQ”) of the consummation of the Merger and requested that NASDAQ file with the SEC an application on Form 25 Notification of Removal from Listing and/or Registration to delist and deregister the Common Stock under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Hansen intends to file with the SEC a Form 15 requesting the deregistration of Common Stock under Section 12(g) of the Exchange Ac and the suspension of Hansen’s reporting obligations under Section 13 and Section 15(d) of the Exchange Act.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 20, 2016
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