By Natalie Weger
Eyenovia parted ways with Chief Operating Officer Bren Kern as part of the ophthalmic technologies company's a previously disclosed plan to cut its work force by about 50%.
The company said Wednesday that Kern will be entitled to certain severance and other payments following the termination of his employment on Tuesday.
Kern can receive one year of his base salary and up to one year of continued health benefits.
The company earlier Wednesday said it is also rebranding and changing its corporate name to Hyperion DeFi. The company will begin trading on the Nasdaq Capital Market with the new ticker symbol HYPD on Thursday.
Write to Natalie Weger at natalie.weger@wsj.com
(END) Dow Jones Newswires
July 02, 2025 17:10 ET (21:10 GMT)
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