other
confidence high
sentiment neutral
materiality 0.50
Sanara MedTech terminates Catalyst advisory agreement; shifts to soft tissue/bone fusion strategy
Sanara MedTech Inc.
- On June 2, 2026, Sanara MedTech and The Catalyst Group mutually terminated their March 2023 advisory agreement.
- Termination due to shift in strategy to focus on soft tissue repair and bone fusion surgical products.
- No fee or penalty paid in connection with termination; certain covenants (indemnification, confidentiality) remain in effect.
- Chairman Ronald T. Nixon is founder/managing partner of Catalyst and holds >5% beneficial ownership of Sanara MedTech.