Xtant Medical Increases Revolving Credit Facility to $17 Million with MidCap Financial [Yahoo! Finance]
Xtant Medical Holdings, Inc. (XTNT)
US:NASDAQ Investor Relations:
investor.xtantmedical.com
Company Research
Source: Yahoo! Finance
on surgical solutions for the treatment of spinal disorders, today announced that the Company's revolving credit agreement with MidCap Financial Trust (“MidCap”) was amended to increase the commitment from $8.0 million to $17.0 million. The Company's term loan was also amended to provide for an additional $10.0 million tranche, to be made available for acquisitions at MidCap's discretion. The maturity dates of Xtant's revolving credit facility and term loan were extended to March 1, 2029 and minimum net product revenue requirements specified in the agreements were reset and minimum Adjusted EBITDA requirements were removed. Additionally, the applicable margin used to determine the per annum interest rate of the term loan was reduced from 7.00% to 6.50%. “We are very pleased to increase our revolving credit facility with MidCap to support our fast pace of growth. As we execute on our four pillars of growth, we may require additional capital for inventory and other working capital nee
Show less
Read more
Impact Snapshot
Event Time:
XTNT
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
XTNT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
XTNT alerts
High impacting Xtant Medical Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
XTNT
News
- Xtant Medical Holdings, Inc. (AMEX:XTNT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Xtant Medical Announces Record Full Year 2023 Revenue of $91.3 Million [Yahoo! Finance]Yahoo! Finance
- Xtant Medical Announces Record Full Year 2023 Revenue of $91.3 MillionGlobeNewswire
- Xtant Medical to Issue Fourth Quarter and Full Year 2023 Financial Results on April 1, 2024GlobeNewswire
- Xtant Medical Increases Revolving Credit Facility to $17 Million with MidCap FinancialGlobeNewswire
XTNT
Sec Filings
- 4/9/24 - Form EFFECT
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- XTNT's page on the SEC website