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Providence Medical Technology appointed Lane Major as President & Chief Executive Officer, effective August 6, 2026, and added him to the Board of Directors. The company highlights strong commercial momentum for its CORUS tissue-sparing fusion platform across cervical and lumbar markets, including navigated solutions that integrate with leading surgical navigation systems.
Major brings over 25 years of spine and medical device leadership, including co-founding K2M, guiding it through a 2014 IPO (NASDAQ: KTWO) and a $1.4 billion acquisition by Stryker (NYSE: SYK). At Stryker, he led the Global Spine Business, overseeing roughly $2 billion in investments across more than 40 countries. According to Providence, its TSF platform is supported by Level 1 clinical data, which Major is expected to help further scale.
K2 Capital Acquisition Corporation (NASDAQ:KTWO) priced an upsized initial public offering of 12,000,000 units at $10.00 per unit, representing $120 million in gross proceeds. Each unit includes one Class A ordinary share and one right to receive one-fifth of a share upon a business combination.
Units are expected to begin trading on Nasdaq under KTWOU on January 29, 2026; shares and rights are expected to list as KTWO and KTWOR when separated. The underwriter has a 45-day option to purchase up to 1,800,000 additional units. The offering is expected to close January 30, 2026, subject to customary closing conditions.
Consonance Capital Partners, a prominent U.S.-based healthcare private equity firm, has expanded its leadership team by adding distinguished healthcare figures Dr. Hyong (Ken) Kim, Dr. Jeffrey Le Benger, Bill Lucia, and Eric Major to its Operating Council and Senior Advisory Board. These experts bring extensive experience in healthcare management, policy, and analytics, enhancing the firm's capabilities to partner with top management teams in the healthcare sector. This change aims to improve deal sourcing, diligence, and advisory support for portfolio companies.