ALPHATEC HOLDINGS, INC. (NASDAQ:ATEC) Files An 8-K Unregistered Sales of Equity SecuritiesItem 3.02
Issuance of Unregistered Securities.
ALPHATEC HOLDINGS, INC. (NASDAQ:ATEC) Files An 8-K Unregistered Sales of Equity SecuritiesItem 3.02
Issuance of Unregistered Securities.
On December 30, 2016, Alphatec Holdings, Inc. (the “Company”) issued 110,396 shares of the Company’s common stock, par value $0.0001 per share (the “Collaborator Shares”), to the Collaboration Agreement dated as of October 22, 2013, as amended (the “Collaboration Agreement”) by and among Alphatec Spine, Inc., a wholly owned subsidiary of the Company, and Elite Medical Holdings, LLC and Pac 3 Surgical Products, LLC (collectively, the “Collaborator”). The Company issued the Collaborator Shares as payment for consultation services provided by the Collaborator in connection with product development activities over the third year of the Collaboration Agreement. The Collaborator shares were issued to 24 individuals and entities designated by the Collaborator. The Collaborator Shares were issued in reliance upon an exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended, for issuance of securities in transactions by an issuer not involving a public offering.
About ALPHATEC HOLDINGS, INC. (NASDAQ:ATEC)
Alphatec Holdings, Inc. is a medical technology company. The Company through its subsidiary, Alphatec Spine, Inc. and its subsidiaries, designs, develops, manufactures and markets products for the surgical treatment of spine disorders. Its product portfolio and pipeline addresses the cervical, thoracolumbar and intervertebral regions of the spine and covers a range of spinal disorders and surgical procedures. Its products include Cervical and Cervico-Thoracic Products, which include Trestle Luxe Anterior Cervical Plate System and Pegasus Anchored Cervical Interbody; Thoracolumbar Fixation Products, which include Arsenal Degenerative System and OsseoScrew Spinal Fixation System; Spinal Spacers, which include Battalion Universal Spacer System and Alphatec Solus Locking ALIF Spinal Spacer; minimally invasive surgery Products, which include Illico Minimally Invasive Surgery System and BridgePoint Spinous Process Fixation System, and Biologics, which include Neocore Osteoconductive Matrix. ALPHATEC HOLDINGS, INC. (NASDAQ:ATEC) Recent Trading Information
ALPHATEC HOLDINGS, INC. (NASDAQ:ATEC) closed its last trading session up +0.02 at 3.54 with 106,568 shares trading hands.