On December 17, 2025, Yunqi Capital Limited, a 5.1% shareholder of STAAR Surgical Company, released a letter to shareholders of STAAR Surgical Company reiterating its opposition to the proposed merger with Alcon Inc., even at the revised offer price of $30.75. Yunqi Capital highlighted the support of proxy advisor Glass Lewis against the merger and disagree with Institutional Shareholder Services' recent decision to change its recommendation in favor of the proposed transaction and noted that ISS also acknowledged that remaining opposed would be reasonable. In addition, Yunqi Capital criticized Company's go-shop process as insufficient and expressed confidence in Company's standalone prospects, and Yunqi Capital urging all the Company shareholders to vote against the deal.
STAAR Surgical Company designs, develops, manufactures, and sells implantable lenses for the eye and accessory delivery systems used to deliver the lenses into the eye. These lenses provide visual freedom for patients, lessening or eliminating the reliance on glasses or contact lenses. The Company is a manufacturer of lenses used worldwide in corrective or refractive surgery. It sells its products in approximately 75 countries, with direct distribution in Japan, Germany, Spain, the United States, Canada, the United Kingdom, and Singapore, with a combination of direct distribution and independent distribution in China, Korea, India, France, Benelux, and Italy. The Company markets and sells ICLs for refractive surgery to treat myopia (nearsightedness) as its EVO family of lenses. The Company’s EVO family of lenses includes its EVO ICL, EVO+ ICL, and EVO Visian ICL. The Company also markets and sells an ICL lens to treat hyperopia (farsightedness), which is called Visian ICL.
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Investor
Investor
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Global
Global
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Quality
Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
