secwatch.observer — SEC 8-K summary
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Issuer:     Xtant Medical Holdings, Inc. (XTNT)
CIK:        0001453593
Form:       8-K
Filed at:   2025-04-11T23:59:59+00:00
Accession:  0001641172-25-003711
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OrbiMed affiliates sell ~73.1M Xtant shares at $0.42 to Nantahala; Nantahala to own 49.1%
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- OrbiMed affiliates selling 73.1M shares (all their XTNT shares) to Nantahala and other purchasers at $0.42/share.
- After closing, Nantahala will hold 49.1% of outstanding shares, becoming the largest stockholder.
- Company not a party to the stock purchase agreement; transaction privately negotiated.
- Credit agreements amended to raise change-in-control threshold to 49.9% to accommodate Nantahala's ownership.
- Company agrees to file resale registration statement for the shares within 30 days of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1453593/000164117225003711/0001641172-25-003711-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1453593/000164117225003711/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-003711

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer