Major Stake Disclosed: Venus Concept Surges 405% Amid Strategic Shift

DeFiDoctor · 2026-01-21T01:10:48+00:00

Venus Concept Inc. (VERO) surged 405% in pre-market trading following a filing revealing Madryn Asset Management's 91% ownership stake. The firm proposes cost reduction measures, potentially impacting the company’s strategy and future operations.

DeFiDoctor

2026-01-21 01:10:48

Abstract generation in progress

Medical aesthetics company Venus Concept Inc. (VERO) has captured market attention with an explosive 405% jump in pre-market trading on Friday, following a significant corporate filing that reveals new shareholder dynamics and potential operational changes.

The Big Reveal: 91% Ownership Stake

An amended 13D/A filing from January 15, 2026 shows that Madryn Asset Management holds 18,763,125 shares, representing a commanding 91% stake in Venus Concept. This substantial ownership position signals considerable influence over the company’s strategic direction and future decisions.

What’s Next? Cost Reduction Plans on the Table

The filing discloses that on January 13, 2026, Madryn Asset Management approached Venus Concept’s board of directors with proposals centered on operational efficiency. Specifically, the company is evaluating cost reduction measures, which could include the potential delisting and deregistration of the company’s Common Stock from public markets.

Business Overview: Where Venus Operates

Venus Concept stands as a global player in medical aesthetics technology, specializing in energy-based devices (EBDs) and robotic hair-restoration solutions. The company’s technology portfolio covers body contouring, skin tightening, facial rejuvenation, resurfacing, and hair-removal applications, with market presence across more than 60 countries worldwide.

Stock Performance in Context

VERO has experienced considerable volatility over the past 12 months, oscillating between $1.39 and $14.5. Currently trading at $7.25 in pre-market action, the stock reflects broader market sentiment around the company’s ownership transition and potential strategic pivots. This 405% pre-market surge underscores investor interest in how Madryn Asset Management’s majority position will shape Venus Concept’s future trajectory.

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