Welcome to our dedicated page for Sintx Technologies news (Ticker: SINT), a resource for investors and traders seeking the latest updates and insights on Sintx Technologies stock.
SINTX Technologies Inc (SINT) delivers cutting-edge advanced ceramics solutions for critical biomedical and industrial applications through its silicon nitride expertise. This news hub provides investors and industry professionals with essential updates on the company’s material science innovations, regulatory milestones, and market developments.
Access real-time announcements covering earnings reports, product launches, strategic partnerships, and research breakthroughs in antimicrobial ceramics technology. Our curated collection simplifies tracking SINTX’s progress in spinal implant advancements, industrial material innovations, and antipathogenic surface solutions.
Key updates across three focus areas: Medical Device Developments (FDA-cleared implants, clinical trial results), Technical Ceramics Innovation (3D printing materials, industrial components), and Corporate Strategy (partnerships, financial performance). Bookmark this page for streamlined monitoring of SINTX’s role in advancing ceramics technology across healthcare and manufacturing sectors.
On June 12, 2024, SINTX Technologies announced it has regained compliance with Nasdaq's $1.00 minimum bid price requirement, as confirmed by a formal notice from Nasdaq on June 11, 2024. This resolution addresses the previous listing issue under Nasdaq Listing Rule 5550(a)(2). Despite this development, SINTX remains under a 'Mandatory Panel Monitor' for one year from June 11, 2024. If the company fails to maintain a $1.00 closing bid price for 30 consecutive business days during this period, Nasdaq will issue a delist determination without a grace period for compliance. The company can request a new hearing if this occurs.
SINTX Technologies, a leader in advanced ceramic materials, has received a $75,000 phase I SBIR contract from AFWERX to enhance the sinterability of 3D printed silicon nitride. This project aims to address material challenges in high-temperature propulsion and guidance systems for the Air Force. If successful, SINTX could secure a phase II contract worth up to $1.25M. This initiative aligns with SINTX's strategic focus on aero-engine and RF applications. The company leverages its expertise in silicon nitride and the additive manufacturing knowledge of its subsidiary, TA&T, acquired in 2022. This effort underscores SINTX's broader technical ceramics market expansion, including aerospace and defense sectors.
SINTX Technologies has entered a 5-year strategic agreement with Myosung Co. from Korea. Myosung, led by Dr. Lee Boo Rak, will represent SINTX's interests in Korea, focusing on technical ceramic products and services. This partnership aims to expand SINTX's presence in international markets, particularly within the medical technology sector. Dave O’Brien, EVP & COO of SINTX, expressed confidence in the collaboration, expecting it to generate significant new business. Dr. Lee Boo Rak highlighted the unique offerings of SINTX and anticipated strong growth for both companies through this cooperation.
SINTX Technologies announced a 1-for-200 reverse stock split effective May 28, 2024, aimed at meeting Nasdaq's minimum bid requirements. The split will reduce outstanding shares from 123 million to 0.6 million while maintaining stockholder percentage interest. Existing shares will be automatically converted, and the company will start trading on a split-adjusted basis under the symbol 'SINT' from the effective date. No cash will be provided for fractional shares, which will be rounded up. The transfer agent will update stockholders' accounts accordingly.
SINTX Technologies, Inc. and Prodways Printers SAS have formed a technical partnership and ceramic slurry supply agreement. SINTX will supply ceramic-filled slurries to Prodways for 3D printing applications. SINTX is known for its expertise in 3D printing ceramics and has a history of successful component production. The partnership will enable collaboration on advanced technical ceramics, particularly in casting applications. Prodways will utilize SINTX's qualified slurries on their latest MovingLight machines, enhancing their capabilities in ceramic printing.
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