Patient Square Capital becomes majority owner of Eargo

A past investment in convertible notes has now turned into a majority stake of 76.3% in the hearing firm, which also clears its debts.

by mikkel aabenhus hemmingsen, translated by daniel pedersen

Investment firm Patient Square Capital will be able to settle the bills of US-based hearing aid manufacturer Eargo, which sells low-cost hearing devices online and over the counter.

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