Sanara MedTech Inc. announced the closing of its underwritten public offering of 1,265,000 shares of common stock at a public offering price of $25.00 per share, including 165,000 shares of common stock issued pursuant to the full exercise by the underwriters of their option to purchase additional shares of common stock, resulting in gross proceeds of $31.6 million, before deducting underwriting discounts and commissions and estimated offering expenses.
We are pleased to announce the sale of Trilliant Surgical to Colfax.
Sanara MedTech Inc. is acquiring the capability to provide telehealth services for diagnosis and treatments to wound and skin care patients. This entails the development of electronic imagery and data sharing technology that allows clinical information for virtual consultation and diagnosis to be provided remotely to care providers of patients in long-term care and home health settings.
FORT WORTH, TX / ACCESSWIRE / June 3, 2020 / Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. ("Sanara" or the "Company") (SMTI), a provider of wound and skin care products dedicated to improving patient outcomes, announced today the results of testing performed with the Company's BIAKŌS™ Antimicrobial Skin and Wound Cleanser against Severe Acute Respiratory Syndrome Coronavirus 2 ("SARS-CoV-2"), the virus that causes Coronavirus Disease 2019 ("COVID-19"). This is in addition to BIAKŌS's™ previously known efficacy in the presence of Methicillin-resistant Staphylococcus aureus ("MRSA") and Vancomycin-resistant enterococci ("VRE").
Tomball, TX Release: Monday, March 9, 2020. For Immediate Release
The Parent Company of Inline Services, LLC. (Tomball, Texas) has completed the acquisition of all assets of First Call Enterprises (Tulsa, Oklahoma). Inline Services is a manufacturer of pipeline pigging products and active speed control pipeline cleaning pigs. First Call Enterprises is a provider of Hot Tapping and Plugging services, pipeline freezing services, and a provider of pipeline fittings for Hot Tapping and Plugging.
FORT WORTH, TX / ACCESSWIRE / February 10, 2020 / Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara” or the “Company”) (OTCQB:SMTI), a provider of surgical and chronic wound care products dedicated to improving patient outcomes, announced today that on February 7, 2020 The Catalyst Group, Inc. (“Catalyst”) converted into Common Stock Catalyst’s entire holdings of the Company’s 30-month $1,500,000 convertible promissory note and Series F Convertible Preferred Stock.
Based in San Antonio, Texas, Rochal Industries LLC., a global leader in commercializing technology innovations in natural and synthetic polymers, antimicrobials, and biological systems, announced that Dr. Rebecca McMahon has been named President of the company. Ann Beal Salamone, Rochal’s past-President and Co-Founder has been elected as Chairman of the Board. Ron Nixon, the previous Chairman of the Board and the Founder and Managing Partner of the Catalyst group, will step down as Chairman but remain on the Board of Directors.
June 1, 2019 | 8:00 AM CDT
High velocity natural gas pipelines pose a unique challenge in terms of effective cleaning for corrosion mitigation purposes or pre ILI runs. Studies show that the best cleaning occurs when the tool runs at approximately 8 mph ( 3.57 m/s) allowing brushes and discs to do their job, where at speeds over 10 mph (4.47 m/s) they can bypass the debris and liquids, proving ineffective.