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ReShape Lifesciences Stock Price, News & Analysis

RSLS NASDAQ

Company Description

ReShape Lifesciences Inc. (formerly trading on Nasdaq under the symbol RSLS) has historically operated in the surgical and medical instrument manufacturing space, with a focus on weight loss and metabolic health solutions. According to company disclosures, ReShape Lifesciences described itself as a physician-led weight loss and metabolic health-solutions company, offering products and technologies intended to manage and treat obesity and related metabolic diseases.

Public filings and news releases indicate that ReShape Lifesciences’ business centered on obesity treatment devices and related technologies. The company highlighted the Lap-Band® System, an FDA-approved, minimally invasive, long-term treatment for obesity that is positioned as an alternative to more invasive surgical stapling procedures such as gastric bypass or sleeve gastrectomy. ReShape Lifesciences also described the Lap-Band® 2.0 FLEX system, which it characterized as an enhanced, next-generation version of the Lap-Band® platform. In addition, the company referenced its Obalon® balloon technology, a non-surgical, swallowable, gas-filled intragastric balloon designed to provide long-lasting weight loss.

Beyond gastric banding and balloon technologies, ReShape Lifesciences reported development work on neuromodulation approaches for metabolic disease. In its communications, the company described an investigational Diabetes Bloc-Stim Neuromodulation™ (DBSN™) system, utilizing a proprietary vagus nerve block and stimulation technology platform for the treatment of type 2 diabetes and metabolic disorders. In some disclosures, this platform was also referred to more generally as an investigational vagal neuromodulation system for type 2 diabetes and metabolic conditions.

ReShape Lifesciences also emphasized its intellectual property position. In a July 2025 announcement, the company stated that the U.S. Patent and Trademark Office would issue a patent entitled “Intragastric Device,” covering an intragastric balloon system comprising a swallowable capsule with a self-sealing fill valve and a degradable release valve designed to deflate and open around three months after inflation with saline liquid, configured for natural excretion after deflation. The company indicated that this patent is part of a broader portfolio of patents related to intragastric balloon technology and other proprietary technologies.

Corporate developments disclosed in SEC filings and news releases show that ReShape Lifesciences entered into a significant strategic transaction. Under an Agreement and Plan of Merger dated July 8, 2024, as amended, ReShape Lifesciences (through a wholly owned subsidiary, Raider Lifesciences Inc.) agreed to merge with Vyome Therapeutics, Inc., a clinical-stage healthcare company targeting immuno-inflammatory and rare diseases. On August 15, 2025, the merger closed, with Raider Lifesciences merging into Vyome, and Vyome surviving as a subsidiary of the public company. As a result of the merger, the public entity formerly known as ReShape Lifesciences Inc. was renamed Vyome Holdings, Inc., effective before the open of trading on August 15, 2025.

Concurrent with the merger, ReShape Lifesciences also completed an asset sale. Under an Asset Purchase Agreement with Ninjour Health International Limited, an affiliate of Biorad Medisys Pvt. Ltd. (together, Biorad), ReShape Lifesciences sold substantially all of its assets (excluding cash) to Biorad, and Biorad assumed substantially all of ReShape’s liabilities, for an agreed purchase price in cash subject to adjustment based on specified account balances. Company disclosures state that the assets sold included ReShape’s Lap-Band® System, Obalon® Gastric Balloon System, and the DBSN™ system.

Following these transactions, the former RSLS-listed company no longer operates under the ReShape Lifesciences name. Trading of the company’s common stock on The Nasdaq Capital Market continued on a split-adjusted basis under the new name Vyome Holdings, Inc. and the trading symbol HIND, beginning with the open of trading on August 15, 2025. SEC filings describe a 1-for-4 reverse stock split of the company’s common stock that was effected on August 15, 2025, primarily intended to help the company meet Nasdaq’s minimum bid price requirements in connection with the merger.

Because of these corporate changes, the RSLS ticker represents the historical listing for ReShape Lifesciences Inc. prior to its transformation into Vyome Holdings, Inc. Investors researching RSLS are typically examining the legacy weight loss and metabolic health device business, the terms of the merger with Vyome Therapeutics, and the asset sale to Biorad Medisys, as documented in the company’s SEC filings and public announcements.

Business focus prior to the merger

Prior to the completion of the merger and asset sale, ReShape Lifesciences described its business as centered on obesity and metabolic disease management. Its portfolio, as described in multiple news releases, included:

  • Lap-Band® System and Lap-Band® 2.0 FLEX – FDA-approved, minimally invasive devices for long-term obesity treatment, positioned as alternatives to more invasive surgical stapling procedures.
  • Obalon® balloon technology – A non-surgical, swallowable, gas-filled intragastric balloon designed to provide long-lasting weight loss.
  • DBSN™ / vagal neuromodulation system – An investigational system based on vagus nerve block and stimulation technology for type 2 diabetes and metabolic disorders.
  • Intragastric device patents – Intellectual property covering swallowable, degradable intragastric balloon systems with timed deflation and natural excretion features.

These disclosures position ReShape Lifesciences as a company focused on device-based interventions for obesity and metabolic disease, operating within the broader category of surgical and medical instrument manufacturing.

Corporate transformation into Vyome Holdings, Inc.

According to an August 19, 2025 Form 8-K, the merger between ReShape Lifesciences Inc. and Vyome Therapeutics, Inc. closed on August 15, 2025. At that time, the company changed its corporate name to Vyome Holdings, Inc., and Nasdaq approved continued listing of the combined company on The Nasdaq Capital Market. The trading symbol transitioned from RSLS to HIND as of the open of trading on August 15, 2025, as described in both SEC filings and Business Wire announcements.

Vyome Therapeutics, as described in multiple news releases, is a clinical-stage healthcare company targeting immuno-inflammatory and rare diseases, with a stated goal of building a healthcare platform spanning the US-India innovation corridor. Its immediate focus is leveraging clinical-stage assets to address immuno-inflammatory conditions. After the merger, Vyome’s business became the operating focus of the public entity now known as Vyome Holdings, Inc.

Status of RSLS as a historical ticker

Because the public company formerly known as ReShape Lifesciences Inc. has been renamed Vyome Holdings, Inc. and now trades under the symbol HIND, RSLS functions as a historical reference for the pre-merger entity. SEC filings explicitly state that Vyome Holdings, Inc. is the new name of the registrant, and that trading continues under the new symbol. There is no indication in the provided filings that RSLS remains an active trading symbol following the effective date of the merger and name change.

Key considerations for investors researching RSLS

Users examining RSLS-related information are often interested in:

  • The historical business model and product portfolio of ReShape Lifesciences in weight loss and metabolic health devices.
  • The terms and structure of the merger with Vyome Therapeutics, including share exchange mechanics and governance changes, as outlined in Form 8-K filings.
  • The asset sale to Biorad Medisys and the transfer of ReShape’s device assets and related liabilities.
  • The reverse stock split and its role in maintaining Nasdaq listing standards in connection with the merger.
  • The transition of the public company into Vyome Holdings, Inc., with a new strategic focus on immuno-inflammatory and rare disease assets.

Frequently asked questions about RSLS

Stock Performance

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0.00%
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Last updated:
-62.01%
Performance 1 year

Financial Highlights

$8.0M
Revenue (TTM)
-$7.1M
Net Income (TTM)
-$4.4M
Operating Cash Flow

Upcoming Events

JAN
01
January 1, 2031 Corporate

Patent 18/241,151 expiration

AUG
04
August 4, 2037 Corporate

Patent protection expiration

Short Interest History

Last 12 Months
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Short interest in ReShape Lifesciences (RSLS) currently stands at 209.0 thousand shares, up 12.8% from the previous reporting period, representing 3.8% of the float. Over the past 12 months, short interest has decreased by 55.7%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months
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Days to cover for ReShape Lifesciences (RSLS) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.

Frequently Asked Questions

What is the current stock price of ReShape Lifesciences (RSLS)?

The current stock price of ReShape Lifesciences (RSLS) is $3.92 as of August 15, 2025.

What is the market cap of ReShape Lifesciences (RSLS)?

The market cap of ReShape Lifesciences (RSLS) is approximately 7.6M. Learn more about what market capitalization means .

What is the revenue (TTM) of ReShape Lifesciences (RSLS) stock?

The trailing twelve months (TTM) revenue of ReShape Lifesciences (RSLS) is $8.0M.

What is the net income of ReShape Lifesciences (RSLS)?

The trailing twelve months (TTM) net income of ReShape Lifesciences (RSLS) is -$7.1M.

What is the earnings per share (EPS) of ReShape Lifesciences (RSLS)?

The diluted earnings per share (EPS) of ReShape Lifesciences (RSLS) is $-13.83 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of ReShape Lifesciences (RSLS)?

The operating cash flow of ReShape Lifesciences (RSLS) is -$4.4M. Learn about cash flow.

What is the profit margin of ReShape Lifesciences (RSLS)?

The net profit margin of ReShape Lifesciences (RSLS) is -89.1%. Learn about profit margins.

What is the operating margin of ReShape Lifesciences (RSLS)?

The operating profit margin of ReShape Lifesciences (RSLS) is -96.5%. Learn about operating margins.

What is the gross margin of ReShape Lifesciences (RSLS)?

The gross profit margin of ReShape Lifesciences (RSLS) is 63.2%. Learn about gross margins.

What is the current ratio of ReShape Lifesciences (RSLS)?

The current ratio of ReShape Lifesciences (RSLS) is 0.05, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of ReShape Lifesciences (RSLS)?

The gross profit of ReShape Lifesciences (RSLS) is $5.1M on a trailing twelve months (TTM) basis.

What is the operating income of ReShape Lifesciences (RSLS)?

The operating income of ReShape Lifesciences (RSLS) is -$7.7M. Learn about operating income.

What did ReShape Lifesciences (RSLS) do before its merger with Vyome Therapeutics?

ReShape Lifesciences described itself as a physician-led weight loss and metabolic health-solutions company. It focused on device-based treatments for obesity and metabolic disease, including the FDA-approved Lap-Bandae System and Lap-Bandae 2.0 FLEX, the Obalonae swallowable intragastric balloon technology, and an investigational Diabetes Bloc-Stim Neuromodulationae (DBSNae) system for type 2 diabetes and metabolic disorders.

What happened to the RSLS ticker symbol?

According to an August 19, 2025 Form 8-K, on August 15, 2025 ReShape Lifesciences Inc. completed a merger with Vyome Therapeutics, Inc. and changed its corporate name to Vyome Holdings, Inc. Trading on The Nasdaq Capital Market continued on a split-adjusted basis under the new name Vyome Holdings, Inc. and the symbol HIND. RSLS therefore represents the historical ticker for the pre-merger ReShape Lifesciences entity.

What products were associated with ReShape Lifesciences before the asset sale to Biorad Medisys?

Company disclosures state that ReShape Lifesciencesae offered the Lap-Bandae and Lap-Bandae 2.0 FLEX Systems for minimally invasive, long-term obesity treatment, the Obalonae balloon technology as a non-surgical, swallowable, gas-filled intragastric balloon for weight loss, and the investigational DBSNae vagal neuromodulation system for type 2 diabetes and metabolic disorders. These assets were included in the asset sale to Biorad Medisys under the Asset Purchase Agreement.

What is Vyome Holdings, Inc. in relation to RSLS?

Vyome Holdings, Inc. is the new name of the public company that previously operated as ReShape Lifesciences Inc. Following the merger completed on August 15, 2025, the registrant was renamed Vyome Holdings, Inc., with Vyome Therapeutics, Inc. surviving as a subsidiary. The combined company now trades on The Nasdaq Capital Market under the symbol HIND, as described in SEC filings and Nasdaq-related announcements.

How did the reverse stock split affect RSLS shareholders?

SEC filings report that on August 15, 2025 the company effected a 1-for-4 reverse stock split of its common stock. Each four shares of common stock issued or outstanding were automatically reclassified into one new share, with fractional shares rounded up to the nearest whole share. The reverse split was primarily intended to help the company meet Nasdaq minimum bid price requirements in connection with the merger with Vyome Therapeutics.

What was the asset sale between ReShape Lifesciences and Biorad Medisys?

Under an Asset Purchase Agreement with Ninjour Health International Limited, an affiliate of Biorad Medisys Pvt. Ltd., ReShape Lifesciences agreed to sell substantially all of its assets (excluding cash) to Biorad, with Biorad assuming substantially all of ReShapee28099s liabilities. Company announcements specify that the Lap-Bandae System, Obalonae Gastric Balloon System, and the DBSNae system were among the assets transferred.

Does ReShape Lifesciences still operate as an independent company?

Based on the provided SEC filings and news releases, ReShape Lifesciences Inc. completed a merger with Vyome Therapeutics, Inc. and changed its name to Vyome Holdings, Inc. The public entity now focuses on Vyomee28099s clinical-stage healthcare business, and its shares trade under the symbol HIND. The historical ReShape device assets were sold to Biorad Medisys in a separate asset sale.

What kind of intellectual property did ReShape Lifesciences report around intragastric devices?

In a July 2025 announcement, ReShape Lifesciences stated that the U.S. Patent and Trademark Office would issue a patent titled e2809cIntragastric Devicee2809d. The patent covers an intragastric balloon system comprising a swallowable capsule with a self-sealing fill valve and a degradable release valve designed to deflate and open around three months after inflation with saline liquid, configured for natural excretion after deflation. The company indicated that this patent is part of a larger portfolio of patents related to intragastric balloon technology.