{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-215811","form_type":"8-K","ticker":null,"cik":"0001760173","company_name":"SURGALIGN HOLDINGS, INC.","filed_at":"2023-08-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.141398+00:00","generated_at":"2026-06-11T06:59:21.617670+00:00","sec_items":["1.01","2.03","2.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Surgalign completes Chapter 11 asset sales for $6.5M; warns stock holders may face full loss","bullets":["Hardware assets sold to Xtant Medical for $5M cash plus liability assumption; closed Aug 10, 2023.","Digital assets (HOLO AI/AR platform) sold to Augmedics for $1.5M cash; closed Aug 11, 2023.","Company cautions common stock trading is highly speculative and holders could experience significant or complete loss.","Bankruptcy Court approved both sales on Aug 9 and Aug 10, 2023, respectively.","Stock ceased NYSE listing on July 27, 2023; now trades OTC under SRGAQ."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-215811","json":"https://secwatch.observer/filing/0001193125-23-215811.json","markdown":"https://secwatch.observer/filing/0001193125-23-215811.md","text":"https://secwatch.observer/filing/0001193125-23-215811.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1760173/000119312523215811/0001193125-23-215811-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1760173/000119312523215811/d542227d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:59:21.617670+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"262a3c8ccdc95ea0758b174b09b0ff26f3344843","claim":"SURGALIGN HOLDINGS, INC. completed a disposition involving Xtant Medical Holdings, Inc. for aggregate cash purchase price of $5 million and assumption of Hardware Liabilities (closed 2023-08-10).","evidence_excerpt":"On August 10, 2023, pursuant to the Hardware Asset Purchase Agreement, the Company completed the Hardware Sale, for an aggregate cash purchase price of $5 million and the assumption by Xtant of the Hardware Liabilities, as described in the Hardware Asset Purchase Agreement.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1760173/000119312523215811/0001193125-23-215811-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Xtant Medical Holdings, Inc."},{"label":"Consideration","value":"aggregate cash purchase price of $5 million and assumption of Hardware Liabilities"},{"label":"Closing","value":"2023-08-10"}],"fact_type":"ma_transaction"},{"claim_id":"27453200a43298ba3bacd8f717519d4565b2d21b","claim":"SURGALIGN HOLDINGS, INC. completed a disposition involving Augmedics, Inc. for total purchase price of $1.5 million in cash and assumption of Digital Liabilities (closed 2023-08-11).","evidence_excerpt":"On August 11, 2023, pursuant to the Digital Asset Purchase Agreement, the Company and the Sellers completed the Digital Sale, for an aggregate cash purchase price of $1.5 million and the assumption by Augmedics of the Digital Liabilities, as described in the Digital Asset Purchase Agreement.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1760173/000119312523215811/0001193125-23-215811-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Augmedics, Inc."},{"label":"Consideration","value":"total purchase price of $1.5 million in cash and assumption of Digital Liabilities"},{"label":"Closing","value":"2023-08-11"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}