secwatch.observer — SEC 8-K summary
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Issuer:     Xtant Medical Holdings, Inc. (XTNT)
CIK:        0001453593
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001493152-24-030667
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xtant Medical raises $5.0M via private placement of 7.8M shares at $0.64/share
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- Gross proceeds of $5.0M from sale of 7,812,500 shares at $0.64/share to existing institutional investor.
- Net proceeds to be used for working capital and general corporate purposes; closing expected August 9, 2024.
- Craig-Hallum acted as sole placement agent; resale registration statement to be filed within 30 days of closing.
- Directors and officers entered lock-up agreements restricting share sales for up to 90 days post-registration effective date.
- Private placement exempt under Section 4(a)(2) and Rule 506 of Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1453593/000149315224030667/0001493152-24-030667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1453593/000149315224030667/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-030667

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