secwatch.observer — SEC 8-K summary
======================================

Issuer:     Alphatec Holdings, Inc. (ATEC)
CIK:        0001350653
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0000950170-23-000471
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATEC reports preliminary 2022 revenue ~$350M (+44%), guides 2023 revenue $438M, closes $150M term loan
--------------------------------------------------------------------------------

- Full-year 2022 total revenue $350.1M-$351.1M, up ~44% YoY; Q4 revenue $105.2M-$106.2M.
- 2023 guidance: total revenue $438M (+25%), surgical $383M, EOS $55M; adjusted EBITDA break-even.
- Closed $150M term loan from Braidwell ($100M funded, $50M delayed draw), 5-yr, SOFR+5.75%, interest-only.
- Cash balance at Q4 end ~$85M; total liquidity ~$275M including existing revolver.
- Surgical revenue Q4 grew 48-50% driven by PTP approach; surgical volume growth at least 25%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1350653/000095017023000471/0000950170-23-000471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1350653/000095017023000471/atec-20230106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000471

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer