Xtant Medical closes final $3M tranche of $9.75M private placement

Xtant Medical Holdings, Inc.

Second closing: ~6.2M shares + warrants for ~1.6M shares, raising ~$3.0M from accredited investors.
Total gross proceeds from both tranches ~$9.75M; first closing raised ~$6.75M.
Warrants immediately exercisable and expire on fifth anniversary of first closing.
Net proceeds to support working capital and other general corporate purposes.
Private placement led by Stavros Vizirgianakis; Fox Rothschild advised Xtant, Holland & Knight advised the investor.

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