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XFundManager

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XFundManager

Re: None

Sunday, 09/04/2022 12:26:43 AM

Sunday, September 04, 2022 12:26:43 AM

Post# of 41695
SiNtx Technologies possible liquidation.

SINTX Technologies is looking at liquidating some of its assets in a last minute attempt to keep the company from filings chapter 13 bankruptcy. CNBC news reported the company has reached out to its competitors SomaLogic, Tandem Diabetes Care, and Nano Precision Medical for financial help.



The Company presently manufactures silicon nitride spinal implants in itsISO 13485 certified manufacturing facility for CTL-Amedica, the exclusive retail channel for silicon nitride spinal implants.

SINTX Technologies only has enough funding to last another 6 months before the company calls it quits after 25 years in business with no profits and meagre sales.

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