TransMedics Completes OrganOx Acquisition
Ticker: TMDX · Form: 8-K · Filed: Jan 14, 2025 · CIK: 1756262
| Field | Detail |
|---|---|
| Company | Transmedics Group, Inc. (TMDX) |
| Form Type | 8-K |
| Filed Date | Jan 14, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $14.1 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, m&a
TL;DR
TransMedics just bought OrganOx, expanding their transplant tech game.
AI Summary
TransMedics Group, Inc. announced the completion of its acquisition of OrganOx Limited on January 8, 2025. The acquisition was previously disclosed on December 18, 2024. This strategic move is expected to enhance TransMedics' organ transplant technology portfolio.
Why It Matters
This acquisition expands TransMedics' capabilities in the organ transplant market, potentially leading to improved patient outcomes and increased market share.
Risk Assessment
Risk Level: medium — Acquisitions carry inherent integration risks and may not achieve expected synergies, impacting financial performance.
Key Players & Entities
- TransMedics Group, Inc. (company) — Registrant
- OrganOx Limited (company) — Acquired entity
- January 8, 2025 (date) — Completion date of acquisition
- December 18, 2024 (date) — Previous disclosure date of acquisition
FAQ
What was the primary purpose of the acquisition of OrganOx Limited by TransMedics Group, Inc.?
The filing indicates the completion of an acquisition, which is a strategic move to enhance TransMedics' organ transplant technology portfolio.
When was the acquisition of OrganOx Limited officially completed?
The acquisition was completed on January 8, 2025.
Was the acquisition of OrganOx Limited previously disclosed by TransMedics Group, Inc.?
Yes, the acquisition was previously disclosed on December 18, 2024.
What is the business address of TransMedics Group, Inc.?
The business address of TransMedics Group, Inc. is 200 Minuteman Road, Andover, Massachusetts 01810.
What is the Standard Industrial Classification (SIC) code for TransMedics Group, Inc.?
The SIC code for TransMedics Group, Inc. is 3845, which corresponds to ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS.
Filing Stats: 680 words · 3 min read · ~2 pages · Grade level 15 · Accepted 2025-01-14 16:06:48
Key Financial Figures
- $14.1 million — C for a purchase price of approximately $14.1 million (together with the Prior Acquisitions,
Filing Documents
- d917421d8k.htm (8-K) — 24KB
- 0001193125-25-006129.txt ( ) — 139KB
- tmdx-20250108.xsd (EX-101.SCH) — 3KB
- tmdx-20250108_lab.xml (EX-101.LAB) — 17KB
- tmdx-20250108_pre.xml (EX-101.PRE) — 11KB
- d917421d8k_htm.xml (XML) — 3KB
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. TRANSMEDICS GROUP, INC. Date: January 14, 2025 By: /s/ Gerardo Hernandez Name: Gerardo Hernandez Title: Chief Financial Officer and Treasurer