STOCK TITAN

Artivion (AORT) moves to acquire two Austin facilities for expansion

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Artivion, Inc. entered into two real estate purchase and sale agreements on September 26, 2025 to buy facilities in Austin, Texas that support and expand its manufacturing operations. The company agreed to purchase from 1300 East Anderson Lane, Ltd. two office buildings it currently leases, which house its On-X manufacturing operation, for a cash price of $12.05 million, including the underlying land and certain equipment, totaling about 75,000 square feet of mixed-use space.

Artivion also agreed to purchase an adjacent building from Sentinel Austin I, LLC for a cash price of $8.45 million, adding roughly 87,000 square feet to its footprint to accommodate rising capacity needs in the coming years. Each agreement includes a feasibility period—45 days for the 1300 Property and 100 days for the 1200 Property—during which Artivion can decide at its sole discretion not to proceed, with closings expected on or before 30 days after each feasibility period, subject to customary conditions.

Positive

  • None.

Negative

  • None.
Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
0000784199FALSE00007841992025-09-262025-09-26

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
___________________________________________
FORM 8-K
___________________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 26, 2025
___________________________________________
ARTIVION, INC.
(Exact name of registrant as specified in its charter)
___________________________________________
Delaware1-1316559-2417093
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
1655 Roberts Boulevard, N.W., Kennesaw, Georgia
30144
(Address of principal executive office)(Zip Code)
Registrant’s telephone number, including area code: (770) 419-3355
___________________________________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange
on which registered
Common Stock, $0.01 par valueAORTNYSE
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 1.01 Entry into a Material Definitive Agreement.

On September 26, 2025, Artivion, Inc. (the “Company”) entered into two Real Estate Purchase and Sale Contracts having substantially similar material terms, except as noted otherwise herein.

The first agreement is between the Company and 1300 East Anderson Lane, Ltd. (the “1300 Seller”), a Texas limited partnership (the “1300 Purchase Agreement”). Pursuant to the 1300 Purchase Agreement, the 1300 Seller agreed to sell, and the Company agreed to purchase, the two office buildings currently leased and occupied by the Company for a cash purchase price of $12.05 million. These buildings serve as the basis for the Company’s On-X manufacturing operation. The purchase includes the underlying land, along with certain appliances and equipment located thereon (collectively, the “1300 Property”). The buildings comprise approximately 75,000 square feet of combined manufacturing, administrative, laboratory, warehouse, and office space located in Austin, Texas.

The second agreement is between the Company and Sentinel Austin I, LLC (the “1200 Seller”), a Delaware limited liability company (the “1200 Purchase Agreement”). Pursuant to the 1200 Purchase Agreement, the 1200 Seller agreed to sell, and the Company agreed to purchase, a building comprising approximately 87,000 square feet, together with the underlying land and certain appliances and equipment located thereon (collectively, the “1200 Property”), for a cash purchase price of $8.45 million. The 1200 Property is immediately adjacent to the 1300 Property in Austin, Texas and will allow the Company to expand its footprint in the Austin area as its capacity needs continue to rise in the coming years.

Each agreement includes a feasibility period during which the Company has a right to conduct an investigation and inspection of the property and certain related documents and records. The Company may decide, in its sole discretion, not to proceed with the purchase of either or both properties during the respective feasibility periods. The feasibility period under the 1300 Purchase Agreement is 45 days and under the 1200 Purchase Agreement is 100 days.

The closings of the transactions contemplated by the agreements are expected to occur on or before 30 days after the expiration of each respective feasibility period. Each agreement contains customary representations and warranties, and the closing of each transaction is subject to customary conditions.
Item 9.01    Financial Statements and Exhibits
(d)Exhibits.
Exhibit NumberDescription
10.1
Real Estate Purchase and Sale Contract, dated as of September 26, 2025, by and among Artivion, Inc., as the purchaser and 1300 East Anderson Lane, Ltd., as the seller.
10.2
Real Estate Purchase and Sale Contract, dated as of September 26, 2025, by and among Artivion, Inc., as the purchaser and Sentinel Austin I, LLC, as the seller.
104Inline XBRL for the cover page of this Current Report on Form 8-K.

-2-


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Artivion, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 29, 2025
ARTIVION, INC.
By:/s/ Lance A. Berry
Name:Lance A. Berry
Title:
Executive Vice President, Chief Operating Officer, Chief Financial Officer, and Treasurer
-3-

FAQ

What real estate transactions did AORT (Artivion, Inc.) disclose in this 8-K?

Artivion disclosed two Real Estate Purchase and Sale Contracts dated September 26, 2025 to buy its currently leased On-X manufacturing buildings and an adjacent building in Austin, Texas from two separate sellers.

How much is Artivion, Inc. paying for the Austin properties?

Artivion agreed to pay $12.05 million in cash for the 1300 Property (two existing leased buildings) and $8.45 million in cash for the adjacent 1200 Property, each including the underlying land and certain equipment.

Why is Artivion buying the 1200 Property next to its current Austin site?

The 1200 Property, about 87,000 square feet and adjacent to the existing 1300 Property, is intended to let Artivion expand its footprint in the Austin area as its capacity needs continue to rise in the coming years.

What rights does Artivion have during the feasibility periods for these purchases?

Each agreement provides a feasibility period—45 days for the 1300 Purchase Agreement and 100 days for the 1200 Purchase Agreement—during which Artivion may investigate the properties and, in its sole discretion, decide not to proceed with either or both purchases.

When are the closings of Artivion’s Austin property purchases expected to occur?

The closings for each transaction are expected to occur on or before 30 days after the expiration of the respective feasibility period, subject to customary closing conditions and representations and warranties.

What do the acquired Austin buildings currently support for Artivion (AORT)?

The 1300 Property, about 75,000 square feet of manufacturing, administrative, laboratory, warehouse, and office space, serves as the basis for Artivion’s On-X manufacturing operation, while the adjacent 1200 Property is intended to support future capacity expansion.