Xtant Medical Announces Closing Of Second Tranche Of $9.75 Million Private Investment
Amount Raised
$9.75 Million
Round Type
Venture
Description
Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced the closing of the second and final tranche of its previously announced private placement with a select group of accredited investors led by Stavros Vizirgianakis. As previously announced, at the first closing the Company sold approximately 14.1 million shares of common stock and warrants to purchase approximately 3.5 million shares of common stock for an aggregate purchase price of approximately $6.75 million. At the second closing, the Company sold an additional approximately 6.2 million shares of common stock of the Company and warrants to purchase approximately 1.6 million shares of common stock for an aggregate purchase price of approximately $3.0 million.
Quick answer
Xtant Medical Holdings raised $9.75 Million in a funding round, dated October 11, 2022.
- How much did Xtant Medical Holdings raise?
- Xtant Medical Holdings raised $9.75 Million in a funding round on October 11, 2022.
- What does Xtant Medical Holdings do?
- Xtant Medical (NYSE MKT: XTNT) develops, manufactures and markets regenerative medicine products and medical devices for domestic and international markets.
Source: Fundz verified event record.
Who else raised in Medical and Medical Device around the same time
Companies in the same sectors as Xtant Medical Holdings that raised within 45 days of this round, from Fundz verified event records.
- MedX Health raised an undisclosed amount (Convertible Note) on November 18, 2022.
- Biocoat raised an undisclosed amount on November 2, 2022.
- Nusano raised $10M on November 1, 2022.
- Monteris Medical raised $73M (Debt Financing) on October 27, 2022.
- Surmodics raised an undisclosed amount (Debt Financing) on October 17, 2022.
- OSSIO raised an undisclosed amount (Series C) on October 17, 2022.
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