Envoy Medical Inc (COCH)

[Whalatane]

Re ICU Cash as of December 31, 2025, was $12.0 million, and they are losing $12.0m a yr ...so cash raise seems inevitable to complete the Adult trial ( now 50% enrolled ) Thursday run up maybe just short covering before a long weekend
I'll compare cash on hand with COCH

Cash on Hand: COCH
The company recently secured $30.0 million in gross proceeds through an upsized public offering in February 2026. This capital, combined with a $32 million debt reduction in 2025, is projected to provide a liquidity runway through 2028–2029.

The difference ..biotech specialist like Nanathala is backing COCH

Kiwi