---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-295519"
form_type: "8-K"
ticker: "OFIX"
cik: "0000884624"
company_name: "Orthofix Medical Inc."
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:57:45.300892+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orthofix receives unsolicited $23/share buyout bid, board reaffirms SeaSpine merger

## Summary
- Received unsolicited non-binding indication from two PE sponsors to acquire Orthofix for $23 per share cash.
- Board determined bid is not reasonably likely to lead to a superior proposal under SeaSpine merger agreement.
- Board reaffirms recommendation for all-stock SeaSpine merger; Orthofix stockholders to own ~56.5% of combined firm.
- Special stockholder meeting scheduled for Jan 4, 2023 to vote on stock issuance for SeaSpine merger.
- SeaSpine merger expected to close early Q1 2023, subject to approvals.

## SEC filing metadata
- accession: 0001193125-22-295519
- form_type: 8-K
- ticker: OFIX
- cik: 0000884624
- company_name: Orthofix Medical Inc.
- filed_at: 2022-11-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884624/000119312522295519/0001193125-22-295519-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884624/000119312522295519/d359283d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-295519
- JSON: https://secwatch.observer/filing/0001193125-22-295519.json
- Plain text: https://secwatch.observer/filing/0001193125-22-295519.txt

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