Investment Thesis
Venus Concept (NASDAQ:VERO) 1-year share price performance. Source: TradingView.
The November 2019 merger between Restoration Robotics - a Nasdaq listed hair transplantation company with a proprietary physician assisted robotics system, ARTAS, that increases the speed and accuracy of hair transplantation surgery - and Venus Concept - a subscription-based provider of non-invasive aesthetic surgery systems to health and beauty practitioners - seemed to get off to a good start.
Although analysis of the share price is complicated by the fact that the two firms performed a reverse merger - with Venus