Brief: Orthofix And Seaspine Announce Completion Of Merger

Orthofix Medical

04/01/2023 21:23

Jan 4 (Reuters) - Orthofix Medical Inc  OFIX.O :
    * ORTHOFIX AND SEASPINE ANNOUNCE COMPLETION OF MERGER OF
EQUALS TO
CREATE A LEADING GLOBAL SPINE AND ORTHOPEDICS COMPANY
    * ORTHOFIX MEDICAL INC - A UNIT OF ORTHOFIX WILL MERGE WITH,
INTO
SEASPINE, WITH SEASPINE CONTINUING AS SURVIVING COMPANY
WHOLLY-OWNED UNIT OF ORTHOFIX
    * ORTHOFIX MEDICAL INC - HOLDERS OF SEASPINE COMMON STOCK TO
RECEIVE 0.4163 SHARES OF ORTHOFIX COMMON STOCK FOR EACH SHARE OF
SEASPINE COMMON STOCK OWNED
    * ORTHOFIX MEDICAL INC - ORTHOFIX, AS CORPORATE PARENT
ENTITY IN
COMBINED COMPANY STRUCTURE, WILL CONTINUE TO TRADE ON NASDAQ
UNDER SYMBOL "OFIX"
    * ORTHOFIX MEDICAL INC - COMBINED COMPANY WILL BE RENAMED AT
A
LATER DATE AND UNTIL THEN WILL CONTINUE TO BE KNOWN AS ORTHOFIX
MEDICAL INC

Source text for Eikon:  ID:nBw8l9cpVa 
Further company coverage:  OFIX.O 
 ((Reuters.Briefs@thomsonreuters.com;))