Your email has been successfully added to our mailing list.

×
0 0 0.00362318840579702 0.00483091787439603 -0.0120772946859905 0.00483091787439603 -0.00241545893719823 -0.00483091787439625
Stock impact report

ATEC Terminates Agreement to Acquire EOS Imaging

Alphatec Holdings, Inc. (ATEC) 
Last alphatec holdings, inc. earnings: 10/30 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Ongoing Impacts of COVID-19 Pandemic Constitute “Material Adverse Effect”Company Intends to Explore Other Strategic Collaborations with EOSTerminates Debt Commitment of up to $160 Million to Finance Acquisition and Retire Existing Debt CARLSBAD, Calif.--(BUSINESS WIRE)--Regulatory News:Alphatec Holdings, Inc. (“ATEC” or the “Company”) (Nasdaq: ATEC), a medical device company dedicated to revolutionizing the approach to spine surgery, announced today that it has terminated the Tender Offer Agreement (“TOA”), dated February 26, 2020, under which it was to acquire EOS Imaging, SA (“EOS”), for up to $88 million, plus debt retirement of $33.9 million, in a combination of cash and equity.This decision follows ATEC’s consideration and analysis of the expected ongoing market effects of the COVID-19 pandemic. Based upon its assessment, ATEC concluded that a “Material Adverse Effect” (as defined in the TOA) has occurred, resulting in circumstances that are no longer conducive to completion o Show less Read more
Impact Snapshot
Event Time:
ATEC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ATEC alerts
Opt-in for
ATEC alerts

from News Quantified
Opt-in for
ATEC alerts

from News Quantified