On July 7, 2025, Xtant Medical Holdings, Inc. signed agreements to sell its Coflex and CoFix business along with its international hardware business for a total of $19.2 million to Companion Spine, LLC, which is contingent on obtaining financing. The deal includes a $17.5 million sale for the Coflex/CoFix assets and $1.7 million for the Paradigm shares, with completion expected in Q3 2025, pending financing.