/Companies

Obalon Therapeutics, Inc.

acquired by RESHAPE LIFESCIENCES INC

Carlsbad, US · Founded 2008 · Delaware corporation · 1 known investors

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Acquired by ReShape Lifesciences Inc. June 2021 · $30.6M ($30.6 million in stock (3,340,035 shares)) · source ↗

Obalon Therapeutics was a Carlsbad, California medical device company that developed an FDA-approved swallowable, gas-filled intragastric balloon system for non-surgical weight loss in obese adults.

Founders & leadership

MBMark Brister
Mark BristerChief Technology Officer
KH
Kelly Huang, Ph.D.Chief Operating Officer
WJ
William J. PlovanicChief Financial Officer
AR
Andrew RasdalPresident and Chief Executive Officer
LH
Les HoweNamed on SEC filing
DF
Douglas FisherNamed on SEC filing
DM
David MoatazediNamed on SEC filing
SS
Sharon Stevenson, DVM Ph.D.Named on SEC filing

Board

KK
Kim Kamdar, Ph.D.Board director
KP
Kim Puloma KamdarBoard director
SSSharon Stevenson
Sharon StevensonBoard directorCo-Founder, Managing Director, Venture Partner at Okapi Venture Capital
RD
Raymond DittamoreBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$27.4M disclosed across 3 rounds · 2012–2018

▶$10MraisedAug 2018 · 21 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Les HoweDirector
  • Mark BristerExecutive Officer
  • Kelly Huang, Ph.D.Executive Officer
  • Douglas FisherDirector
  • David MoatazediDirector
  • Raymond DittamoreDirector
  • Sharon Stevenson, DVM Ph.D.Director
  • Kim Kamdar, Ph.D.Director
  • William J. PlovanicExecutive Officer
  • Andrew RasdalExecutive Officer, Director
Offering amount
$10M
Amount sold
$10M
First sale
Aug 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15.9MraisedOct 2014 · 5 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Doug FisherDirector
  • Kim Puloma KamdarDirector
  • Andrew RasdalExecutive Officer, Director
  • Sharon StevensonDirector
Offering amount
$30M
Amount sold
$15.9M
First sale
Aug 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.5MraisedMar 2012 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew RasdalExecutive Officer, Director
  • Douglas C. SampsonDirector
  • Kim Puloma KamdarDirector
  • Sharon StevensonDirector
Offering amount
$1.5M
Amount sold
$1.5M
First sale
Feb 2012
Incorporated
Corporation, Delaware, 2008
Federal exemptions
06
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Obalon Therapeutics, Inc. do?
Obalon Therapeutics was a Carlsbad, California medical device company that developed an FDA-approved swallowable, gas-filled intragastric balloon system for non-surgical weight loss in obese adults.
Who are Obalon Therapeutics, Inc.'s investors?
Obalon Therapeutics, Inc.'s investors include Okapi Venture Capital.
How much funding has Obalon Therapeutics, Inc. raised?
Obalon Therapeutics, Inc. has disclosed $27.4M raised across 3 rounds.
Who acquired Obalon Therapeutics, Inc.?
Obalon Therapeutics, Inc. was acquired by RESHAPE LIFESCIENCES INC.
Where is Obalon Therapeutics, Inc. headquartered?
Obalon Therapeutics, Inc. is headquartered in Carlsbad, US.