Sanara MedTech Files 8-K
Ticker: SMTI · Form: 8-K · Filed: Sep 11, 2024 · CIK: 714256
| Field | Detail |
|---|---|
| Company | Sanara Medtech Inc. (SMTI) |
| Form Type | 8-K |
| Filed Date | Sep 11, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $5.0 m, $15.5 million, $55.0 million, $15.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure, corporate-events
TL;DR
Sanara MedTech dropped an 8-K on 9/11 covering 9/10 events - check it for Reg FD, other news, and financials.
AI Summary
Sanara MedTech Inc. filed an 8-K on September 11, 2024, reporting events that occurred on September 10, 2024. The filing includes information related to Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits. The company, formerly known as Wound Management Technologies, Inc., is incorporated in Texas and based in Fort Worth.
Why It Matters
This 8-K filing provides updates on Sanara MedTech's corporate activities and financial reporting, which are crucial for investors to understand the company's current status and future outlook.
Risk Assessment
Risk Level: low — This filing is a standard 8-K reporting routine corporate events and disclosures, not indicating any immediate significant financial distress or major operational changes.
Key Players & Entities
- Sanara MedTech Inc. (company) — Registrant
- Wound Management Technologies, Inc. (company) — Former company name
- September 10, 2024 (date) — Earliest event date
- September 11, 2024 (date) — Filing date
FAQ
What specific events are being disclosed under Regulation FD?
The filing indicates a Regulation FD Disclosure, but the specific details of the disclosure are not provided in the provided text.
What are the 'Other Events' being reported by Sanara MedTech?
The filing lists 'Other Events' as a category, but the specific nature of these events is not detailed in the provided text.
What financial statements and exhibits are included with this 8-K filing?
The filing mentions 'Financial Statements and Exhibits' as part of its content, but the specific documents are not listed in the provided text.
When was Sanara MedTech Inc. previously known by another name?
Sanara MedTech Inc. was formerly known as Wound Management Technologies, Inc., with a date of name change on June 11, 2008.
In which state is Sanara MedTech Inc. incorporated?
Sanara MedTech Inc. is incorporated in Texas.
Filing Stats: 1,018 words · 4 min read · ~3 pages · Grade level 11 · Accepted 2024-09-11 16:05:12
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value SMTI The Nasdaq Capital M
- $5.0 m — ased 100,674.72 common units in CMp for $5.0 million, which represents approximately 6
- $15.5 million — Loan Agreement") borrowed an additional $15.5 million under the Loan Agreement (the "Second B
- $55.0 million — the Loan Agreement provides for up to a $55.0 million term loan facility, $15.0 million of wh
- $15.0 million — to a $55.0 million term loan facility, $15.0 million of which was borrowed at closing on Apr
- $24.5 million — to draw down a third borrowing of up to $24.5 million. The Company used $5.0 million of the p
- $5.0 million — f up to $24.5 million. The Company used $5.0 million of the proceeds of the Second Borrowing
Filing Documents
- form8-k.htm (8-K) — 43KB
- ex99-1.htm (EX-99.1) — 30KB
- ex99-1_001.jpg (GRAPHIC) — 38KB
- 0001493152-24-035783.txt ( ) — 306KB
- smti-20240910.xsd (EX-101.SCH) — 3KB
- smti-20240910_lab.xml (EX-101.LAB) — 33KB
- smti-20240910_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 11, 2024 Sanara MedTech Inc . By: /s/ Michael D. McNeil Name: Michael D. McNeil Title: Chief Financial Officer