InsideArbitrage Potential Deal: Titan Medical (TMDI) Announces Commencement of Strategic Review Process

  • December 1, 2022

POTENTIAL DEAL DETAILS

StockTitan Medical Inc.SymbolTMDI
Date Announced11/30/2022Source Press Release
TypeCompany Seeking Strategic Alternatives

Titan Medical Inc. (TMDI), a medical technology company focused on single-access robotic-assisted surgery (RAS), announced that its Board of Directors has determined that it is in the best interest of the company and its stakeholders to undertake a review and evaluation of strategic alternatives that may be available to the Company to unlock shareholder value.

Update(s):

December 8, 2022: Titan Medical Inc. (TMDI), announced that in view of the commencement of the strategic review process announced on November 30, 2022, the special meeting of its shareholders scheduled for January 12, 2023 will be suspended and, if appropriate and necessary, rescheduled to a future date.

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