---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-106427"
form_type: "8-K"
ticker: "ATEC"
cik: "0001350653"
company_name: "Alphatec Holdings, Inc."
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-16T23:28:45.941141+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alphatec acquires REMI robotic navigation system for $55M; raises FY2023 revenue guidance to $450M

## Summary
- Acquired REMI Robotic Navigation System assets for $55M cash from Integrity Implants and Fusion Robotics.
- Preliminary Q1 2023 total revenue $108-109.5M (+52% YoY); surgical revenue $93.2-94.3M (+53%).
- Full-year 2023 revenue guidance raised to $450M (from $438M); surgical revenue expected ~$393M.
- Cash and equivalents $117M as of March 31, 2023, up from $85M at Dec 31, 2022.
- Granted 22,741 RSUs to eighteen new non-executive employees as inducement awards.

## SEC filing metadata
- accession: 0001193125-23-106427
- form_type: 8-K
- ticker: ATEC
- cik: 0001350653
- company_name: Alphatec Holdings, Inc.
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350653/000119312523106427/0001193125-23-106427-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350653/000119312523106427/d418069d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-106427
- JSON: https://secwatch.observer/filing/0001193125-23-106427.json
- Plain text: https://secwatch.observer/filing/0001193125-23-106427.txt

## Key facts
- Earnings Releases
  Alphatec Holdings, Inc. reported full-year 2023 results: revenue $450 million. Guidance raised.
  - Period: full-year 2023
  - Revenue: $450 million
  - Guidance: raised
  - Result: guidance update
  source text: The Company now anticipates full-year 2023 total revenue of $450 million compared to a prior expectation of $438 million, reflecting growth of approximately 28% year-over-year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350653/000119312523106427/0001193125-23-106427-index.htm
- Earnings Releases
  Alphatec Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue expected range of between $108.0 million and $109.5 million. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: expected range of between $108.0 million and $109.5 million
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: Preliminary Financial Results The Company’s preliminary total revenue for the first quarter ended March 31, 2023 grew over 52% year-over-year to an expected range of between $108.0 million and $109.5 million. Preliminary surgical revenue grew for the first quarter ended March 31, 2023 over 53% to an expected range of between $93.2 million and $94.3 million, led by
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350653/000119312523106427/0001193125-23-106427-index.htm
- M&A Transactions
  Alphatec Holdings, Inc. completed an acquisition involving Integrity Implants Inc. and Fusion Robotics, LLC (the Sellers) and stockholders of Integrity for $55,000,000 (closed 2023-04-19).
  - Action: acquisition
  - Counterparty: Integrity Implants Inc. and Fusion Robotics, LLC (the Sellers) and stockholders of Integrity
  - Consideration: $55,000,000
  - Closing: 2023-04-19
  source text: of the Asset Transaction. As consideration for the purchase of the REMI Business assets in the Asset Transaction, Spine agreed to pay to the Sellers cash consideration of $55,000,000. The Asset Transaction was also consummated on April 19, 2023. The REMI (Robotic-Enabled Minimally Invasive) System is an intra-operative platform developed by spine experts with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350653/000119312523106427/0001193125-23-106427-index.htm
- Material Agreements
  Alphatec Holdings, Inc. entered into Asset Purchase Agreement with Integrity Implants Inc. and Fusion Robotics, LLC valued at $55,000,000 cash consideration (effective 2023-04-19).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Integrity Implants Inc. and Fusion Robotics, LLC
  - Value: $55,000,000 cash consideration
  - Effective: 2023-04-19
  source text: On April 19, 2023, Alphatec Spine, Inc., a California corporation (“ Spine ”) and wholly owned subsidiary of Alphatec Holdings, Inc., a Delaware corporation (the “ Company ”), Integrity Implants Inc., a Delaware corporation (“ Integrity ”), Fusion Robotics, LLC, a Delaware limited liability company (“ Fusion ” and together with Integrity, collectively, the “ Sellers ”) and wholly owned subsidiary of Integrity, and stockholders of Integrity identified on Schedule A of the Purchase Agreement (as defined below) (the “ Key Stockholders ”) entered into an Asset Purchase Agreement (the “ Purchase Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350653/000119312523106427/0001193125-23-106427-index.htm

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