reports
Surgalign Holdings, Inc. (formerly RTI Surgical Holdings, Inc.) Announ...
Surgalign Holdings, Inc. (formerly RTI Surgical Holdings, Inc.) Announces Closing of Sale of OEM Business, Name and Ticker Change, and Leadership Transitions After-tax proceeds from the OEM sale will be utilized to repay all outstanding indebtedness and redeem outstanding Series A Convertible Preferred StockCompany has been renamed Surgalign Holdings, Inc and will trade under the ticker “SRGA” effective July 23, 2020 DEERFIELD, Ill., July 20, 2020 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (formerly RTI Surgical Holdings, Inc.) (Nasdaq: RTIX), a global surgical implant company, today a...
RTI Surgical Announces Stockholder Approval for Sale of OEM Business, ...
RTI Surgical Announces Stockholder Approval for Sale of OEM Business, Planned Name and Ticker Change, and Leadership Transitions DEERFIELD, Ill., July 15, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced that following the Company’s annual stockholder meeting, which included an annual meeting of the stockholders, the Company has received all of the necessary approvals for the sale of the OEM business. The Company expects the transaction to close on Monday, July 20, 2020. “We are pleased to announce the stockholder app...
RTI Surgical Holdings, Inc.® to Hold Virtual-Only Annual Meeting of S...
RTI Surgical Holdings, Inc.® to Hold Virtual-Only Annual Meeting of Stockholders DEERFIELD, Ill., July 02, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced that, due to the public health impact of the coronavirus outbreak (COVID-19), its Annual Meeting of Stockholders, to be held on Wednesday, July 15, 2020 at 9:00 a.m. Central Daylight Time (the “Annual Meeting”), has been changed to a virtual-only meeting. Stockholders will not be able to attend the Annual Meeting in person this year. Stockholders are entitled to par...
RTI Surgical Holdings, Inc.® Provides Business Updates
RTI Surgical Holdings, Inc.® Provides Business Updates DEERFIELD, Ill., June 30, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today provided a business update in conjunction with releasing financial and operating results for the quarter ended March 31, 2020. Business Update Highlights: Scheduled special meeting of stockholders for July 15, 2020 to vote on sale of OEM businessAnnounced two senior leadership appointments and a new director to support transition to a pure-play global spine companyFirst quarter 2020: Revenue of $7...
RTI Surgical Holdings, Inc.® Schedules Business Update Call for June...
RTI Surgical Holdings, Inc.® Schedules Business Update Call for June 30, 2020 DEERFIELD, Ill., June 24, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced it plans to hold a business update call, and in conjunction release financial and operating results for the quarter ended March 31, 2020, on Tuesday, June 30, 2020, prior to the market open. RTI will host a conference call and simultaneous audio webcast at 9:00 a.m. ET. The conference call can be accessed by dialing (877) 383-7419 (U.S.) or (760) 666-3754 (Interna...
RTI Surgical Holdings, Inc.® Bolsters Spine Business with Key Senior ...
RTI Surgical Holdings, Inc.® Bolsters Spine Business with Key Senior Leadership Appointments Scott Durall Appointed as Chief Commercial Officer Bryan Cornwall Appointed as Executive Vice President, Research and Clinical Affairs DEERFIELD, Ill., June 10, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced two senior leadership appointments to support its transition to a pure-play global spine company. Scott Durall will join RTI as Chief Commercial Officer, and Bryan Cornwall will join RTI as Executive Vice President, Rese...
RTI Surgical Holdings, Inc.® Announces Filing of 2019 10-K and Compl...
RTI Surgical Holdings, Inc.® Announces Filing of 2019 10-K and Completion of Financial Statement Restatement DEERFIELD, Ill., June 08, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced that it has completed the filing of its 2019 Form 10-K and has completed its previously announced financial statement restatement. The Company has also completed its previously announced internal investigation of certain accounting matters, including the Company’s revenue recognition practices for certain contractual arrangements, prim...
RTI Surgical Holdings, Inc.® Appoints Stuart F. Simpson to Board of D...
RTI Surgical Holdings, Inc.® Appoints Stuart F. Simpson to Board of Directors DEERFIELD, Ill., May 26, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced the appointment of Stuart F. Simpson as an independent member of its board of directors. Mr. Simpson most recently served as the President of the Joint Replacement Division of Stryker Corporation (NYSE: SYK), a medical technology company that provides products and services in orthopedics, medical and surgical, and neurotechnology and spine (“Stryker”), from 2017 until ...
RTI Surgical Holdings, Inc.® Announces Second Amendment to Equity Pur...
RTI Surgical Holdings, Inc.® Announces Second Amendment to Equity Purchase Agreement Restructured terms extend the outside date for closing to August 31, 2020 in exchange for a purchase price reduction and certain other modifications DEERFIELD, Ill., April 27, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announces a second amendment to its definitive agreement for the sale of RTI Surgical Holdings’ OEM business to Montagu Private Equity LLP (‘Montagu’), a leading European private equity firm. Second Amendment Overview Re...
RTI Surgical Holdings, Inc.® Receives Notification from Nasdaq Relate...
RTI Surgical Holdings, Inc.® Receives Notification from Nasdaq Related to Delayed Annual Report on Form 10-K DEERFIELD, Ill., March 20, 2020 (GLOBE NEWSWIRE) -- As announced on March 16, 2020, RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, filed a Notification of Late Filing on Form 12b-25, indicating that the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2019 (the “Form 10-K”) would be delayed pending completion of an internal investigation of current and prior periods relating to the Company’s revenue recognition practice...
RTI Surgical Holdings, Inc.® to Delay Form 10-K filing for Fiscal Yea...
RTI Surgical Holdings, Inc.® to Delay Form 10-K filing for Fiscal Year 2019 DEERFIELD, Ill., March 16, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, announced it will file a Form 12b-25 Notification of Late Filing with the Securities and Exchange Commission (the “SEC”) to provide a 15 calendar day extension within which to file its Form 10-K for the fiscal year ended December 31, 2019. The Audit Committee (the “Audit Committee”) of the Company’s Board of Directors, with the assistance of independent legal and forensic accounting a...
RTI Surgical Holdings, Inc.® Announces Record Dates and Stockholder M...
RTI Surgical Holdings, Inc.® Announces Record Dates and Stockholder Meetings Date for Sale of OEM Business and Annual Meeting DEERFIELD, Ill., March 09, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, announced today that it has set a new record date for the special meeting of its shareholders, which was previously scheduled for March 31, 2020 (the “Special Meeting”) to, among other things, consider and vote on various proposals necessary to close the previously announced Equity Purchase Agreement, dated January 13, 2020 (the “Purcha...
RTI Surgical Holdings, Inc.® Announces Expiration of Hart-Scott-Rodin...
RTI Surgical Holdings, Inc.® Announces Expiration of Hart-Scott-Rodino Waiting Period With Respect to Sale of OEM Business DEERFIELD, Ill., March 03, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended (the “HSR Act”), with respect to the proposed sale (the “Sale”) of RTI’s OEM business to Ardi Bidco Ltd., a Delaware corporation and an entity affiliated with Montagu Private Equity, LLP (the “Buyer”), expired at 11:59 p.m. Eas...
RTI Surgical® Releases Data on the SImmetry® System Showing 98% of ...
RTI Surgical® Releases Data on the SImmetry® System Showing 98% of Treated SI Joints Demonstrate Evidence of Fusion Interim results in the EVoluSIon Study on the SImmetry® System further show 78 percent of patients are opioid-free at 24 months DEERFIELD, Ill., Feb. 26, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, will showcase its expanding body of clinical data on the SImmetry® Sacroiliac Joint Fusion System at the 2020 International Society for the Advancement of Spine Surgery (ISASS) meeting in San Juan, Puerto Rico, from Feb...
RTI Surgical Holdings, Inc.® Announces Postponement of Record Date an...
RTI Surgical Holdings, Inc.® Announces Postponement of Record Date and Stockholder Meeting Date for Sale of OEM Business DEERFIELD, Ill., Feb. 25, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, announced today that it has postponed the special meeting of its shareholders, which was scheduled for March 31, 2020 (the “Special Meeting”) to, among other things, consider and vote on various proposals necessary to close the previously announced Equity Purchase Agreement, dated January 13, 2020, with Ardi Bidco Ltd., a Delaware corporation...
RTI Surgical Holdings, Inc.® Announces Record Date and Stockholder Me...
RTI Surgical Holdings, Inc.® Announces Record Date and Stockholder Meeting Date for Sale of OEM Business DEERFIELD, Ill., Jan. 28, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, announced today that it has set the record date for the special meeting of its shareholders to, among other things, consider and vote on various proposals necessary to close the previously announced Equity Purchase Agreement, dated January 13, 2020 (the “Purchase Agreement”), with Ardi Bidco Ltd., a Delaware corporation and an entity affiliated with Montagu ...
RTI Surgical Holdings, Inc.® Announces Sale of OEM Business and Preli...
RTI Surgical Holdings, Inc.® Announces Sale of OEM Business and Preliminary Fourth Quarter and Full Year 2019 Revenues Subsequent to Closing of the $490M Transaction, RTI Surgical Will Be a Global Pure Play Spine Company Targeting Double-Digit Growth DEERFIELD, Ill., Jan. 13, 2020 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announces a definitive agreement for the sale of the Company’s OEM business to Montagu Private Equity LLP (‘Montagu’), a leading European private equity firm, for a total consideration of $490 million. The ...
RTI Surgical® Announces The Spine Journal’s Publication of In Vivo ...
RTI Surgical® Announces The Spine Journal’s Publication of In Vivo TETRAfuse® 3D Technology PEKK Study Study finds PEKK displayed potential advantages to bone growth characteristics when compared to PEEK and Titanium-coated PEEK in an ovine bone defect model DEERFIELD, Ill., Dec. 17, 2019 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced the publication of “A Comparative Study of Three Biomaterials in an Ovine Bone Defect Model: A TETRAfuse® PEKK Study” in The Spine Journal1. The study evaluated the in vivo material charac...
RTI Surgical® Announces Cigna’s Positive Medical Coverage Policy fo...
RTI Surgical® Announces Cigna’s Positive Medical Coverage Policy for Minimally Invasive SI Joint Fusion Surgery Using the SImmetry® System Cigna’s policy covers the use of all FDA-cleared implants placed across the SI joint and intended to promote bone fusion DEERFIELD, Ill., Dec. 16, 2019 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced that Cigna Corporation, a global health service company, issued a positive medical coverage policy for minimally invasive sacroiliac (SI) joint fusion under certain medically necessary cr...
RTI Surgical® Accelerates Business Transformation with Senior Leader...
RTI Surgical® Accelerates Business Transformation with Senior Leadership Appointments Terry Rich, experienced spine leader, named President, Global Spine; Olivier Visa elevated to President, Global OEM DEERFIELD, Ill., Dec. 03, 2019 (GLOBE NEWSWIRE) -- RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced Terry Rich has joined RTI as president of Global Spine. Rich brings to RTI decades of deep spine leadership and commercial success. The company also announced the promotion of Olivier Visa to president of Global OEM. These appointments reinforc...
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