Xtant Medical entered into a securities purchase agreement to sell Xtant common stock and warrants to a group of accredited investors led. Gross proceeds are expected to be approximately $9.75 million, before deducting offering expenses.
Net proceeds will support working capital and other general corporate purposes.
Xtant Medical focuses on the design, development and commercialization of a portfolio of orthobiologics and spinal implant systems to facilitate spinal fusion in complex spine, deformity and degenerative procedures.
Source: Xtant Medical
Xtant Medical entered into a securities purchase agreement to sell Xtant common stock and warrants to a group of accredited investors led. Gross proceeds are expected to be approximately $9.75 million, before deducting offering expenses.
Net proceeds will support working capital and other general corporate purposes.
Xtant Medical focuses on...
Xtant Medical entered into a securities purchase agreement to sell Xtant common stock and warrants to a group of accredited investors led. Gross proceeds are expected to be approximately $9.75 million, before deducting offering expenses.
Net proceeds will support working capital and other general corporate purposes.
Xtant Medical focuses on the design, development and commercialization of a portfolio of orthobiologics and spinal implant systems to facilitate spinal fusion in complex spine, deformity and degenerative procedures.
Source: Xtant Medical
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JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.