other material
confidence high
sentiment positive
materiality 0.65
Xtant receives $10.7M from Companion Spine; repays note, adjusts purchase price; total proceeds $21.4M
Xtant Medical Holdings, Inc.
- Received $10.7M on Feb 27, 2026 from Companion Spine: full repayment of $8.2M note plus accrued interest and working capital adjustments.
- Total aggregate purchase price for Coflex/CoFix asset sale and Paradigm divestiture now $21.4M.
- $2.8M of proceeds used to prepay portion of MidCap term loan; remaining principal $11.1M.
- Original $19.2M purchase price included $8.2M note maturing Jan 31, 2026, now settled.