{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-018092","form_type":"8-K","ticker":"XTNT","cik":"0001453593","company_name":"Xtant Medical Holdings, Inc.","filed_at":"2025-07-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.020643+00:00","generated_at":"2026-05-18T09:04:24.635298+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Xtant sells Coflex/CoFix and OUS businesses to Companion Spine for $19.2M","bullets":["Total consideration $19.2M: $11M cash at close plus $8.2M promissory note due Dec. 31, 2025.","Non-refundable $2.5M deposit paid; up to two additional $2.5M deposits if financing delays occur.","Net proceeds will reduce debt by $9.6M (prepayment to MidCap) and improve liquidity.","Closing expected Q3 2025, subject to Companion obtaining financing and other conditions.","Divestiture sharpens focus on core orthobiologics; certain employees will transition to buyer."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-018092","json":"https://secwatch.observer/filing/0001641172-25-018092.json","markdown":"https://secwatch.observer/filing/0001641172-25-018092.md","text":"https://secwatch.observer/filing/0001641172-25-018092.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1453593/000164117225018092/0001641172-25-018092-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1453593/000164117225018092/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:04:24.635298+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}