trending Market Intelligence /marketintelligence/en/news-insights/trending/jXAw0H1E-795ejyy2lcQXg2 content esgSubNav
In This List

Mann Trust exits Second Sight investment

Case Study

Identifying PPE Suppliers During the Pandemic

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Video

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective


Mann Trust exits Second Sight investment

The Alfred E. Mann Living Trust exited its investment in Second Sight Medical Products Inc., selling its remaining 6,644,991 shares to Gregg Williams and a group of individual private investors.

Williams, a Second Sight director and currently the company's largest shareholder, acquired 4 million of the shares the Mann Trust sold. He now owns 19,367,848 shares, representing 34% of the company.

The Mann Trust was established by Second Sight's late co-founder and chairman, Alfred Mann. Williams' father, Sam Williams, was also a co-founder of Alfred E. Mann Living Trust.