Aurora Spine Stock Price, News & Analysis

Aurora Spine Corporation (TSXV: ASG, OTCQB: ASAPF) announced its participation at the 2021 North American Spine Society Annual Meeting from September 29 to October 2, 2021, in Boston, Massachusetts. The company will showcase its FDA-cleared DEXA-C anterior fusion cages and SiLO™ SI Fusion System, designed for spinal surgery. Aurora's CEO emphasized growing adoption of their products post-COVID, particularly the innovative DEXA technology aimed at improving patient outcomes.

Aurora Spine Corporation (TSXV: ASG, OTCQB: ASAPF) has successfully closed its private placement, raising C$6,508,139.40 by issuing 11,220,930 common shares and warrants. Each warrant allows the purchase of a common share at C$0.75, maturing three years from the closing date. The funds will be allocated for sales, marketing, R&D, and working capital. A.G.P./Alliance Global Partners acted as the exclusive placement agent, receiving a 7% cash commission and broker warrants.

Aurora Spine Corporation (TSXV: ASG; OTCQB: ASAPF) announced a private placement to raise approximately C$6.5 million through the issuance of up to 11,220,930 common shares and warrants. The shares and warrants will be sold at C$0.58 each, with warrants allowing the purchase of additional shares at C$0.75 before three years. The private placement, expected to close around September 17, 2021, is subject to regulatory approvals. A.G.P./Alliance Global Partners is the exclusive placement agent in the U.S., and a 7% cash commission will be paid to them.

Aurora Spine Corporation (ASAPF) announced the enrollment of initial patients in a pivotal multi-center study for its ZIP® Interspinous Fixation device, targeting back pain due to degenerative disc disease. The REFINE Screwless™ ZIP Study aims to evaluate the device across 10 surgical sites in the US with an expected enrollment of approximately 100 patients. This minimally invasive alternative to traditional spinal surgery promises reduced recovery time and increased patient mobility. The ZIP System, cleared by the FDA in 2013, has been used in over 5,000 procedures globally, demonstrating its safety and effectiveness.

Aurora Spine Corporation has received FDA 510(k) Clearance for its DEXA-C, the first cervical cage utilizing patented DEXA Technology™ designed to match patient bone density. This innovation aims to enhance spinal surgery outcomes by promoting faster bone growth and providing superior fixation. The DEXA-C line represents a significant advancement in personalized implants, moving away from traditional one-size-fits-all solutions. Experts, including Dr. Sebastian Koga, praise its potential to revolutionize interbody fusion and replace existing materials.

Aurora Spine Corporation (OTCQB: ASAPF) has announced its participation in the Alliance Global Partners’ Virtual MedTech Summer Conference on July 29, 2021. President and CEO Trent Northcutt expressed gratitude for the opportunity to present the company’s innovative, minimally invasive spinal implant technologies aimed at enhancing surgical outcomes. This event will feature one-on-one investor meetings, and interested investors can arrange meetings through Alliance Global Partners. Aurora Spine aims to expand its market presence by introducing new products targeting pain management.

Aurora Spine Corporation (OTCQB: ASAPF) will participate in the Third Annual ASPN Conference from July 22-25, 2021, at the Loews Miami Beach Hotel. The company will sponsor a breakfast symposium and a hands-on training lab featuring 19 lab stations for pain procedures and minimally invasive spinal surgery. Course directors include renowned surgeons, enhancing education on Aurora's products. Additionally, on July 23, Aurora will showcase its pain products in a joint breakfast and product theater.

CEO Trent Northcutt emphasizes the importance of in-person events for engaging with healthcare professionals post-pandemic.

Aurora Spine Corporation (ASAPF) will participate in the Lytham Partners Summer 2021 Investor Conference from June 14-16, 2021. President and CEO Trent Northcutt is set to deliver a presentation on June 14 at 12:30 PM ET. The presentation will be accessible via a webcast on the company's website. Additionally, Northcutt and CFO Chad Clouse will be available for one-on-one meetings during the event. Northcutt expressed enthusiasm about sharing Aurora’s advancements in innovative spinal implant technologies with investors.

Aurora Spine Corporation (OTCQB: ASAPF) announced IRB approval for a multicenter study of its SiLO^TM SI Fusion System, aimed at patients needing sacroiliac joint fusion surgery. The study will involve up to 11 investigative sites in the U.S., focusing on up to 60 subjects. The SiLO system is designed to stabilize the SI joint with bone allograft implants. The primary outcomes will evaluate changes in pain levels and quality of life for patients. This clinical evidence is intended to support the system's efficacy and safety in treating SI joint pain.