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Soliton, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2021 10-Q, filed Nov 12, 2021. Its latest SEC filing is a 15-12B from Dec 28, 2021.

The sections below describe the company as of the FY2020 annual report.

What Did They Do?

Develops an acoustic shockwave medical device for tattoo removal and cellulite treatment for dermatologists, plastic surgeons and physician-supervised medi-spas.

How Did They Make Money?

No revenue was reported.

Who Were Their Customers?

Plans to sell its acoustic shockwave devices to dermatologists, plastic surgeons and other physician offices, and to medi-spas under a doctor's supervision.

How Were They Changing?

Since the FY2020 annual report
Latest quarter: Q3 FY2021, the three months to Sep 30, 2021
Revenue
vs $0 in Q3 FY2020
  • Dec 16, 2021 AbbVie completed its acquisition of Soliton Soliton became a wholly owned AbbVie subsidiary, and the company requested Nasdaq delisting.
  • May 10, 2021 Soliton agreed to be acquired by AbbVie The agreement set cash consideration of $22.60 for each share, subject to closing conditions.

Who Did They Compete With?

Competes with Endo Pharmaceuticals, Merz Pharma, Cynosure, BTL Aesthetics, Cutera, Lumenis, Candela, and OnLight

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