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Xtant Medical Sells Spinal Assets to Companion Spine

Story Highlights
  • Xtant Medical is selling its Coflex and CoFix assets to Companion Spine for $19.2 million.
  • The transaction aims to reduce Xtant’s debt and improve liquidity, with completion expected in Q3 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xtant Medical Sells Spinal Assets to Companion Spine

Elevate Your Investing Strategy:

Xtant Medical Holdings ( (XTNT) ) has issued an update.

On July 7, 2025, Xtant Medical Holdings announced agreements to sell its Coflex and CoFix spinal implant assets and international hardware business to Companion Spine, LLC for approximately $19.2 million. The transaction, expected to close in the third quarter of 2025, aims to reduce Xtant’s debt and improve liquidity. The sale will allow Xtant to focus on its core orthobiologics business, while Companion Spine will enhance its product portfolio and global presence in spine care. The deal involves risks, including potential delays and financing uncertainties, which could impact Xtant’s operations and financial condition.

The most recent analyst rating on (XTNT) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on Xtant Medical Holdings stock, see the XTNT Stock Forecast page.

Spark’s Take on XTNT Stock

According to Spark, TipRanks’ AI Analyst, XTNT is a Neutral.

The overall stock score is driven primarily by strong technical indicators and positive earnings call insights that highlight strategic advancements and revenue growth. However, the stock’s valuation is severely impacted by its negative P/E ratio and lack of dividends, reflecting profitability challenges. Financial performance remains a concern due to persistent issues with profitability and cash flow.

To see Spark’s full report on XTNT stock, click here.

More about Xtant Medical Holdings

Xtant Medical Holdings, Inc. is a global medical technology company focused on surgical solutions for the treatment of spinal, orthopedic, and woundcare disorders. The company designs, develops, and commercializes a comprehensive portfolio of orthobiologics and spinal implant systems, serving the chronic and surgical wound care and sports medicine markets.

Average Trading Volume: 209,775

Technical Sentiment Signal: Sell

Current Market Cap: $93.35M

For detailed information about XTNT stock, go to TipRanks’ Stock Analysis page.

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