Xtant Medical Announces Results of Special Meeting of Stockholders

  • Approval of the issuance of new shares of common stock, as required by the NYSE American.
  • Approval of an amendment to its certificate of incorporation, enabling its previously announced 1:12 reverse stock split.
  • Approval of new directors to serve on its board.

BELGRADE, Mont., Feb. 13, 2018 (GLOBE NEWSWIRE) — Xtant™ Medical Holdings, Inc. (NYSE:XTNT), a leader in the development of regenerative medicine products and medical devices, today announced the results of its Special Meeting of Stockholders held on February 13, 2018 (the “Special Meeting”).  As a result of the approval of all proposals at the Special Meeting, Xtant expects that it will be able to fully execute its previously announced restructuring plan.

All proposals voted on during the Special Meeting were approved, and included:

  1. Approval to issue in excess of 20% of the total number shares of Xtant’s common stock outstanding, par value $0.000001 per share (“Common Stock”),  which will result…

Read more here

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%