ATEC to Participate in Upcoming Investor Conferences

Rhea-AI Summary

Alphatec Holdings, Inc. (Nasdaq: ATEC) has announced participation in key investor events. The company will present at The Needham Virtual Healthcare Conference on April 17, 2023, at 12:45pm ET, and at The Bank of America Healthcare Conference in Las Vegas, NV, on May 9, 2023, at 9:20am PT. Webcasts of these presentations will be available in the Investor Relations Section of the company’s website. Additionally, ATEC has granted 33,520 restricted stock units (RSUs) to sixteen new employees as part of its employment inducement program, which will vest over four years or upon a change of control.

CARLSBAD, Calif.--(BUSINESS WIRE)-- Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today that management will participate in the following investor events:

• The Needham Virtual Healthcare Conference, with a fireside chat at 12:45pm ET on April 17, 2023
• The Bank of America Healthcare Conference in Las Vegas, NV, with a fireside chat at 9:20am PT on May 9, 2023

Webcasts of the conference presentations and archived recordings will be available in the Investor Relations Section of the Company’s website.

Inducement Awards Granted

As an inducement material to accepting employment with the Company, and in accordance with Nasdaq Listing Rule 5635(c)(4), ATEC today announced that the independent Compensation Committee of the Board of Directors has approved aggregate grants to sixteen new employees (who are not executive officers) of, collectively, 33,520 restricted stock units (“RSUs”) under the Company’s 2016 Employment Inducement Award Plan. The RSUs will vest in equal annual installments on each of the first four anniversaries of the grant date, provided that the recipient remains continuously employed by ATEC as of such vesting date. In addition, the RSUs will vest fully upon a change of control of ATEC.

About ATEC

ATEC, through its wholly owned subsidiaries, Alphatec Spine, Inc., EOS imaging S.A. and SafeOp Surgical, Inc., is a medical device company dedicated to revolutionizing the approach to spine surgery through clinical distinction. ATEC’s Organic Innovation Machine™ is focused on developing new approaches that integrate seamlessly with the Company’s expanding AlphaInformatiX Platform to better inform surgery and more safely and reproducibly achieve the goals of spine surgery. ATEC’s vision is to become the Standard Bearer in Spine. For more information, visit us at www.atecspine.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230404005318/en/

Investor/Media Contact:

Tina Jacobsen, CFA

Investor Relations

(760) 494-6790

investorrelations@atecspine.com

Company Contact:

J. Todd Koning

Chief Financial Officer

Alphatec Holdings, Inc.

investorrelations@atecspine.com

Source: Alphatec Holdings, Inc.

FAQ

When will Alphatec Holdings participate in investor events?

Alphatec Holdings, Inc. will participate in The Needham Virtual Healthcare Conference on April 17, 2023, at 12:45pm ET, and The Bank of America Healthcare Conference in Las Vegas, NV, on May 9, 2023, at 9:20am PT.

What is the significance of the restricted stock units announced by ATEC?

ATEC announced the grant of 33,520 restricted stock units (RSUs) to sixteen new employees as part of its employment inducement program, which will vest annually over four years or fully upon a change of control.

Where can I find the webcasts of Alphatec's presentations?

Webcasts of Alphatec's conference presentations will be available in the Investor Relations Section of the company's website.

What does Alphatec specialize in?

Alphatec Holdings, Inc. specializes in innovative solutions for spine surgery through its subsidiaries and aims to revolutionize the approach to spine surgery.