---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-072223"
form_type: "8-K"
ticker: null
cik: "0001876588"
company_name: "ZimVie Inc."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:26:54.389322+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ZimVie expects $250M-$310M non-cash impairment in Q4 from Spine sale

## Summary
- Non-cash impairment charge of $250M to $310M in Q4 2023.
- Charge due to Spine business assets classified as held for sale under sale agreement with H.I.G. Capital.
- Agreement entered December 15, 2023; no material cash expenditures expected from impairment.
- Impairment follows previously announced definitive agreement to sell Spine business.

## SEC filing metadata
- accession: 0000950170-23-072223
- form_type: 8-K
- cik: 0001876588
- company_name: ZimVie Inc.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1876588/000095017023072223/0000950170-23-072223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1876588/000095017023072223/zimv-20231215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-072223
- JSON: https://secwatch.observer/filing/0000950170-23-072223.json
- Plain text: https://secwatch.observer/filing/0000950170-23-072223.txt

## Key facts
- Restructurings & Charges
  ZimVie Inc. announced a impairment with charges of $250 to $310 million affecting Spine business.
  - Type: impairment
  - Charge: $250 to $310 million
  - Affected area: Spine business
  source text: ZimVie anticipates a non-cash impairment charge of $250 to $310 million to be taken in the fourth quarter of 2023 related to this event, as the assets associated with this business will be classified as held for sale at year-end.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1876588/000095017023072223/0000950170-23-072223-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.