ATEC to Report Second Quarter Financial Results on August 3, 2023

Rhea-AI Summary

Alphatec Holdings, Inc. (Nasdaq: ATEC) to report Q2 2023 financial results on August 3, 2023, after the market close. Webcast and dial-in details provided for accessing live event and replays. Inducement awards granted to new employees.

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 it will report second quarter 2023 financial results on August 3, 2023, after the market close. The Company will host a live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET.

Webcast

To access the live webcast, please visit the Investor Relations Section of ATEC’s Corporate Website.

Dial-in

To dial into the live webcast, please register at this link. Access details will be shared via email.

Replay

A replay of the webcast will remain available through the Investor Relations Section of ATEC’s Corporate Website for twelve months. In addition, a dial-in replay will be available through August 10, 2023. Access the replay by dialing (800) 770-2030 and referencing conference ID number 97241.

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 seventeen new employees (who are not executive officers) of, collectively, 37,268 restricted stock units (“RSUs”) under the Company’s 2016 Employment Inducement Award Plan. Of those RSUs, 20,268 will vest in equal annual installments on each of the first four anniversaries of the grant date and 17,000 will vest in equal annual installments on each of the first three anniversaries of the grant date provided, in each instance, 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^TM 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 be 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/20230717434378/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

What is the ticker symbol for Alphatec Holdings, Inc.?

The ticker symbol for Alphatec Holdings, Inc. is ATEC.

When will Alphatec Holdings, Inc. report its Q2 2023 financial results?

Alphatec Holdings, Inc. will report its Q2 2023 financial results on August 3, 2023, after the market close.

How can I access the live webcast of Alphatec Holdings, Inc.'s financial results announcement?

To access the live webcast, visit the Investor Relations Section of ATEC’s Corporate Website. Dial-in details are also available.

What are the details for the inducement awards granted by Alphatec Holdings, Inc.?

The independent Compensation Committee of the Board of Directors approved aggregate grants to seventeen new employees of 37,268 restricted stock units under the Company’s 2016 Employment Inducement Award Plan.