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home / news releases / XTNT - Xtant Medical to launch $15M private placement of shares

XTNT - Xtant Medical to launch $15M private placement of shares

Xtant Medical Holdings Inc.

2023-07-03 08:03:57 ET

  • Medical technology company Xtant Medical Holdings ( NYSE: XTNT ) said on Monday that it is set to launch a $15M private placement of shares.
  • The company has entered into a securities purchase agreement with accredited investors for the transaction.
  • XTNT has agreed to issue an aggregate of 20M shares at $0.75 per share.
  • The net proceeds are expected to be used for working capital and other general corporate purposes.
  • The private placement is expected to close on or about July 6.
  • XTNT shares were trading -2.25% pre-market.
  • Source: Press Release

For further details see:

Xtant Medical to launch $15M private placement of shares
Stock Information
Company Name: Xtant Medical Holdings Inc.
Stock Symbol: XTNT
Market: NYSE
Website: xtantmedical.com
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