---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-024228"
form_type: "8-K"
ticker: "XTNT"
cik: "0001453593"
company_name: "Xtant Medical Holdings, Inc."
filed_at: "2023-07-11T23:59:59+00:00"
generated_at: "2026-06-13T09:57:22.533687+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Xtant Medical extends deadline to terminate Surgalign asset purchase agreement to July 20, 2023

## Summary
- First Amendment extends Xtant's termination right deadline from July 10 to July 20, 2023 for reviewing disclosure schedules.
- Amends mutual release provisions in the original Asset Purchase Agreement to clarify scope.
- Original deal: Xtant pays $5M cash for hardware/biologics assets of Surgalign in Chapter 11.
- Xtant is stalking horse bidder; auction may result in higher or better offers.

## SEC filing metadata
- accession: 0001493152-23-024228
- form_type: 8-K
- ticker: XTNT
- cik: 0001453593
- company_name: Xtant Medical Holdings, Inc.
- filed_at: 2023-07-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1453593/000149315223024228/0001493152-23-024228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1453593/000149315223024228/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-024228
- JSON: https://secwatch.observer/filing/0001493152-23-024228.json
- Plain text: https://secwatch.observer/filing/0001493152-23-024228.txt

## Key facts
- Material Agreements
  Xtant Medical Holdings, Inc. amended Asset Purchase Agreement with Surgalign Holdings, Inc. valued at $5 million in cash (effective 2023-07-10).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: Surgalign Holdings, Inc.
  - Value: $5 million in cash
  - Effective: 2023-07-10
  source text: On July 10, 2023, the Company and the Seller entered into a First Amendment to Asset Purchase Agreement (the “Amendment”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1453593/000149315223024228/0001493152-23-024228-index.htm

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