ARTIVION, INC. shareholders approved Ratification of the preliminary selection of Ernst & Young LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2026 at the 2026-05-12 meeting.
“The stockholders also (i) approved, by non-binding vote, the compensation paid to Artivion’s named executive officers, including the Compensation Discussion and Analysis, compensation tables, and narrative discussion, and (ii) ratified the preliminary selection of Ernst & Young LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2026.”
Shareholder Votes
ARTIVION, INC. shareholders approved Approval, by non-binding vote, of the compensation paid to Artivion’s named executive officers, including the Compensation Discussion and Analysis, compensation tables, and narrative discussion at the 2026-05-12 meeting.
“The stockholders also (i) approved, by non-binding vote, the compensation paid to Artivion’s named executive officers, including the Compensation Discussion and Analysis, compensation tables, and narrative discussion, and (ii) ratified the preliminary selection of Ernst & Young LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2026.”
Shareholder Votes
ARTIVION, INC. shareholders approved Election of Directors at the 2026-05-12 meeting.
“At Artivion, Inc.’s (the “Company” or “Artivion”) 2026 Annual Meeting of Stockholders held on May 12, 2026 (the “Annual Meeting”), Artivion’s stockholders elected each individual that was nominated for election as director of the Company to serve until the next annual meeting or until their successors are elected and qualified.”
Earnings Releases
ARTIVION, INC. reported first quarter ended March 31, 2026 results: revenue $116.3 million, net income $1.4 million, EPS $0.03 per fully diluted share. Guidance lowered.
“Total revenues for the first quarter of 2026 were $116.3 million, an increase of 18% on a GAAP basis and 12% on a non-GAAP constant currency basis, both compared to the first quarter of 2025. Net income for the first quarter of 2026 was $1.4 million, or $0.03 per fully diluted common share, compared to net loss of $(0.5) million, or $(0.01) per fully diluted common share for the first quarter of 2025.”
Material Agreements
ARTIVION, INC. entered into Securities Purchase Option Agreement with Endospan Ltd., the securityholders of Endospan listed on Schedule 1, and Shareholder Representative Services LLC valued at base purchase price of $175.0 million (effective 2019-09-11).
“on September 11, 2019, Artivion, Endospan, the securityholders of Endospan listed on Schedule 1 thereto (together with any additional securityholder that becomes a party by joinder, the “Securityholders”), and Shareholder Representative Services LLC, as the Securityholder representative, entered into a Securities Purchase Option Agreement”
Debt Financings
ARTIVION, INC. incurred term loan of $150.0 million with Ares Capital Corporation.
“a new $150.0 million secured delayed draw term loan facility (the “New Delayed Draw Term Loan Facility””
Debt Financings
ARTIVION, INC. amended credit facility with Ares Capital Corporation at base rate plus a margin of 3.75% or SOFR plus a margin of 4.75% maturing January 18, 2031.
“The Amendment provides for (i) an extension of the maturity date of the existing term loans (the “Existing Term Loan Facility”) and the existing revolving credit facility (the “Existing Revolving Credit Facility”) under the Credit Agreement by one year to January 18, 2031, (ii) a reduction in the interest rate margin applicable to the Existing Term Loan Facility and the Existing Revolving Credit Facility and (iii) a new $150.0 million secured delayed draw term loan facility (the “New Delayed Draw Term Loan Facility””
Governance Changes
ARTIVION, INC.: Amended and restated bylaws, updating advance notice provisions and making other changes in line with DGCL (effective 2024-05-15).
“On May 15, 2024, the Board of Directors (the “Board”) of Artivion, Inc. (the “Company”) approved amending and restating the Company’s amended and restated bylaws (the “Amended & Restated Bylaws”), effective immediately upon approval by the Board.”
Governance Changes
ARTIVION, INC.: Amended and restated certificate of incorporation to allow for officer exculpation under Delaware law (effective 2024-05-15).
“the Company’s stockholders approved the amendment and restatement of Artivion’s Certificate of Incorporation, as amended, to allow for officer exculpation as provided for under Delaware law (the “Amended and Restated Certificate of Incorporation”). The Company filed the Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware with an effective date of May 15, 2024.”
Shareholder Votes
ARTIVION, INC. shareholders approved Approval of the amendment and restatement of Artivion's Certificate of Incorporation to allow for officer exculpation at the 2024-05-14 meeting.
“Approval of the amendment and restatement of Artivion’s Certificate of Incorporation to allow for officer exculpation as provided for under Delaware law Votes For Votes Against Votes Abstain Broker Non-Votes 30,848,088 1,866,048 137,341 4,121,060”
Shareholder Votes
ARTIVION, INC. shareholders approved Ratification of the preliminary selection of Ernst & Young LLP as independent registered public accounting firm at the 2024-05-14 meeting.
“Ratification of the preliminary selection of Ernst & Young LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2024 Votes For Votes Against Votes Abstain 36,785,277 64,594 122,666”
Shareholder Votes
ARTIVION, INC. shareholders approved Approval, by non-binding vote, of the compensation paid to Artivion's named executive officers at the 2024-05-14 meeting.
“Approval, by non-binding vote, of the compensation paid to Artivion’s named executive officers, including the Compensation Discussion and Analysis, compensation tables, and narrative discussion Votes For Votes Against Votes Abstain Broker Non-Votes 31,886,469 807,171 157,837 4,121,060”
Shareholder Votes
ARTIVION, INC. shareholders approved Election of Directors at the 2024-05-14 meeting.
“Name Votes For Votes Withheld Broker Non-Votes Thomas F. Ackerman 32,376,633 474,844 4,121,060 Daniel J. Bevevino 32,307,634 543,843 4,121,060 Marna P. Borgstrom 32,222,514 628,963 4,121,060 James W. Bullock 32,759,408 92,069 4,121,060 Jeffrey H. Burbank 27,413,096 5,438,381 4,121,060 Elizabeth A. Hoff 32,222,137 629,340 4,121,060 J. Patrick Mackin 32,526,399 325,078 4,121,060 Jon W. Salveson 32,254,634 596,843 4,121,060 Anthony B. Semedo 32,759,935 91,542 4,121,060”
Earnings Releases
ARTIVION, INC. reported full year 2024 results: revenue $382 to $396 million. Guidance initiated.
“The Company expects revenues for the full year 2024 to be in the range of $382 to $396 million”
Earnings Releases
ARTIVION, INC. reported full year ended December 31, 2023 results: revenue $354.0 million, net income ($30.7) million, or ($0.75) per fully diluted common share, EPS ($0.75) per fully diluted common share.
“fourth quarter of 2023 versus $79.4 million in the fourth quarter of 2022, an increase of 18% on a GAAP basis and 15% on a non-GAAP constant currency basis • Achieved revenue of $354.0 million for the full year of 2023 versus $313.8 million for the full year of 2022, an increase of 13% on a GAAP basis and 12% on a non-GAAP constant currency basis • Net loss was ($4.0)”
Earnings Releases
ARTIVION, INC. reported fourth quarter ended December 31, 2023 results: revenue $93.7 million, net income ($4.0) million, or ($0.10) per fully diluted common share, EPS ($0.10) per fully diluted common share.
“Phone: 770-419-3355 Artivion Reports Fourth Quarter and Full Year 2023 Financial Results Fourth Quarter and Recent Business Highlights: • Achieved revenue of $93.7 million in the fourth quarter of 2023 versus $79.4 million in the fourth quarter of 2022, an increase of 18% on a GAAP basis and 15% on a non-GAAP constant currency basis • Achieved”
Debt Financings
ARTIVION, INC. incurred credit facility of $190.0 million secured term loan facility, $100.0 million secured delayed draw term loan facility, and $60.0 million sec with Ares Capital Corporation at Term Loan Facilities: base rate plus 5.50% or SOFR plus 6.50%, stepping down to maturing January 18, 2030.
“On January 18, 2024 (the "Closing Date"), Artivion, Inc. ("Artivion") entered into a Credit and Guaranty Agreement (the "Credit Agreement"), among Artivion, as borrower, certain subsidiaries of Artivion, as guarantors, the lenders from time to time party thereto and Ares Capital Corporation, as administrative agent and collateral agent. The Credit Agreement provides for a $190.0 million secured term loan facility (the "Initial Term Loan Facility"), a $100.0 million secured delayed draw term loan facility (the "Delayed Draw Term Loan Facility" and, together with the Initial Term Loan Facility, the "Term Loan Facilities") and a $60.0 million "senior-priority" secured revolving credit facility (the "Revolving Credit Facility" and, together with the Term Loan Facilities, the "Credit Facilities").”
Material Agreements
ARTIVION, INC. entered into Credit and Guaranty Agreement with Ares Capital Corporation valued at $190.0 million secured term loan facility; $100.0 million secured delayed draw term loan facility; $ (effective 2024-01-18).
“On January 18, 2024 (the “Closing Date”), Artivion, Inc. (“Artivion”) entered into a Credit and Guaranty Agreement (the “Credit Agreement”), among Artivion, as borrower, certain subsidiaries of Artivion, as guarantors, the lenders from time to time party thereto and Ares Capital Corporation, as administrative agent and collateral agent.”
Lance A. Berry was appointed as Chief Financial Officer and Treasurer at ARTIVION, INC..
“On December 4, 2023, the Company’s Board of Directors appointed Lance A. Berry as the Company’s Chief Financial Officer and Treasurer, effective as of that date.”
D. Ashley Lee retired as Executive Vice President, Chief Financial Officer and Treasurer at ARTIVION, INC..
“On December 4, 2023, D. Ashley Lee, the Executive Vice President, Chief Financial Officer and Treasurer of Artivion, Inc. (the “Company”), notified the Company of his decision to retire effective December 31, 2023 (the “Retirement Date”).”
Earnings Releases
ARTIVION, INC. reported the third quarter ended September 30, 2023 results: revenue $87.9 million, net income ($9.8) million, EPS ($0.24) per fully diluted common share. Guidance raised.
“Officer investors@artivion.com Phone: 770-419-3355 Artivion Reports Third Quarter 2023 Financial Results Third Quarter and Recent Business Highlights: • Achieved revenue of $87.9 million in the third quarter of 2023 versus $76.8 million in the third quarter of 2022, an increase of 14% on a GAAP basis and 12% on a non-GAAP constant currency basis • Net loss was”
Governance Changes
ARTIVION, INC.: Amended Bylaws to update director nomination procedures, universal proxy card rules, meeting conduct, and other governance provisions (effective 2023-09-01).
“On August 2, 2023, as part of its periodic review of corporate governance matters and legal changes that have taken effect to the Delaware General Corporation Law (the “DGCL”) and the rules and regulations promulgated by the U.S. Securities and Exchange Commission (the “SEC”) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Board of Directors of Artivion, Inc. (the “Company”) approved and adopted amendments to the Company’s Bylaws (as amended and restated, the “Bylaws”), effective as of September 1, 2023.”
Earnings Releases
ARTIVION, INC. reported the second quarter ended June 30, 2023 results: revenue $89.3 million, net income ($3.4) million, EPS ($0.08) per share. Guidance raised.
“• Achieved revenue of $89.3 million in the second quarter of 2023 versus $80.3 million in the second quarter of 2022, an increase of 11% on both a GAAP and non-GAAP constant currency basis • Net loss was ($3.4) million or ($0.08) per share;”
Shareholder Votes
ARTIVION, INC. shareholders approved Approval of additional funding of 3,040,000 shares for the Artivion, Inc. 2020 Equity and Cash Incentive Plan at the 2023-05-16 meeting.
“Approval of additional funding of 3,040,000 shares for the Artivion, Inc. 2020 Equity and Cash Incentive Plan”
Shareholder Votes
ARTIVION, INC. shareholders approved Ratification of the preliminary selection of Ernst & Young LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2023 at the 2023-05-16 meeting.
“Ratification of the preliminary selection of Ernst & Young LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2023”
Shareholder Votes
ARTIVION, INC. shareholders approved Approval, by non-binding vote, of one-year frequency for stockholder advisory votes on the compensation paid to Artivion’s named executive officers at the 2023-05-16 meeting.
“Approval, by non-binding vote, of one-year frequency for stockholder advisory votes on the compensation paid to Artivion’s named executive officers”
Shareholder Votes
ARTIVION, INC. shareholders approved Approval, by non-binding vote, of the compensation paid to Artivion’s named executive officers, including the Compensation Discussion and Analysis, compensation tables, and narrative discussion at the 2023-05-16 meeting.
“Approval, by non-binding vote, of the compensation paid to Artivion’s named executive officers, including the Compensation Discussion and Analysis, compensation tables, and narrative discussion”
Shareholder Votes
ARTIVION, INC. shareholders approved Election of Directors at the 2023-05-16 meeting.
“Thomas F. Ackerman 30,738,849 1,051,052 3,436,309”
Earnings Releases
ARTIVION, INC. updated its full year 2023 guidance (raised).
“Artivion is raising its revenue guidance range and now expects constant currency revenue growth of between 9% and 12%, compared to the previous range of between 8% and 12%, for the full year 2023 compared to 2022. The Company expects revenues to be in a range of between $337.0 million and $348.0 million, compared to the previous range of between $331.0 million and $343.0 million.”
Earnings Releases
ARTIVION, INC. reported first quarter ended March 31, 2023 results: revenue $83.2 million, net income ($13.5) million, EPS ($0.33) per fully diluted common share.
“Total revenues for the first quarter of 2023 were $83.2 million, an increase of 8% on a GAAP basis and an increase of 10% on a non-GAAP constant currency basis, both compared to the first quarter of 2022. Net loss for the first quarter of 2023 was ($13.5) million, or ($0.33) per fully diluted common share, compared to net loss of ($3.4) million, or ($0.08) per fully diluted common share for the first quarter of 2022.”
Earnings Releases
ARTIVION, INC. reported the full year ended December 31, 2022 results: revenue $313.8 million, net income ($19.2) million, EPS ($0.48) per fully diluted common share. Guidance reaffirmed.
“Total revenues for 2022 were $313.8 million, reflecting an increase of 5% on a GAAP basis and 9% on a non-GAAP constant currency basis compared to the full year of 2021. Net loss for 2022 was ($19.2) million, or ($0.48) per fully diluted common share, compared to net loss of ($14.8) million, or ($0.38) per fully diluted common share for the full year of 2021.”
Earnings Releases
ARTIVION, INC. reported the fourth quarter ended December 31, 2022 results: revenue $79.4 million, net income $2.2 million, EPS $0.05 per fully diluted common share. Guidance reaffirmed.
“Total revenues for the fourth quarter of 2022 were $79.4 million, flat on a GAAP basis and an increase of 5% on a non-GAAP constant currency basis, both compared to the fourth quarter of 2021. Net income for the fourth quarter of 2022 was $2.2 million, or $0.05 per fully diluted common share, compared to net loss of ($20.1) million, or ($0.51) per fully diluted common share for the fourth quarter of 2021.”
Earnings Releases
ARTIVION, INC. reported third quarter ended September 30, 2022 results: revenue $76.8 million, net income ($13.7) million, or ($0.34) per fully diluted common share, EPS ($0.34) per fully diluted common share. Guidance reaffirmed.
“Total revenues for the third quarter of 2022 were $76.8 million”
Elizabeth A. Hoff was appointed as director at ARTIVION, INC..
“increased the size of the Board to nine directors and appointed Elizabeth A. Hoff as a director and a member of the Compliance Committee of the Board, effective October 1, 2022.”
Ronald D. McCall departed as Director at ARTIVION, INC..
“the Company was informed on September 20, 2021 that Ronald D. McCall, Esq., a director of the Company since January 1984 and Presiding Director from December 2005 to March 2021, unexpectedly passed away.”
Anthony B. Semedo was appointed as Director at ARTIVION, INC..
“on September 20, 2021, the Board of Directors (the “Board”) of CryoLife, Inc. (the “Company”) appointed Anthony B. Semedo as a director and a member of the Compliance Committee of the Board, effective on October 1, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.