M&A
confidence high
sentiment positive
materiality 0.70
Xtant Medical wins auction for Surgalign's biologics and spinal fixation assets
Xtant Medical Holdings, Inc.
- Won auction for Surgalign's domestic and international biologics and spinal fixation assets via initial bid from June 18 APA.
- Closing expected after Bankruptcy Court sale hearing on Aug 8, 2023, but no later than Sep 1, 2023.
- CEO Sean Browne expects assets to contribute to growth, complementing earlier Coflex acquisition.