Stock Titan Deals and strategy
MiMedx Group (SMTI partner) clarifies Sanara merger fees and $33 cash-plus-stock deal
MiMedx Group has clarified the termination fees for its merger with Sanara MedTech Inc., stating Sanara would owe $9.66 million in specific cases and MiMedx $22.54 million if it fails to close. The deal offers Sanara shareholders $33.00 cash plus 0.4735 shares of MiMedx common stock per share, and MiMedx has secured a $300 million loan to finance …