The merger became official 12:01 a.m. EST Jan. 5, according to a Jan. 4 news release. Ninety-nine percent of SeaSpine common shares were voted in approval of the merger, and 98% of Orthofix common shares were voted in approval.
The new leadership of the combined company includes President and CEO Keith Valentine, CFO John Bostjancic, President of Global Orthopedics Kim Elting and Executive Chair Jon Serbousek.
“The completion of this merger catalyzes our ambition to be an industry leader in spine and orthopedics,” Mr. Valentine said, “I’m privileged to lead this talented team and excited for all of the opportunities that lie ahead. Together we are stronger and better positioned to deliver innovative, quality-driven solutions for surgeons in their work to improve patients’ lives.”
The newly merged company is headquartered in Lewisville, Texas.
