Attached files

file filename
EX-99.1 - EXHIBIT 99.1 - EXACTECH INCexacform8-k4q16spineprexre.htm


    
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 and Exchange Act of 1934

Date of Report (Date of earliest event reported): January 31, 2017


EXACTECH, INC.

(Exact Name of Registrant as Specified in Its Charter)

Florida
0-28240
59-2603930
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)

2320 NW 66th Court
Gainesville, Florida 32653
(Address of Principal Executive Office)

Registrant’s telephone number, including area code (352) 377-1140


(Former Name or Former Address, if Changed Since Last Report)

__________________________

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:

[ ]    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))







Item 2.02.     Results of Operations and Financial Condition
On January 31, 2017, Exactech, Inc. (the “Company”) issued a press release announcing the sale of its spine asset group on January 31, 2017, and a range of charges during the fourth quarter of 2016, related to a restructuring plan. The charges included impairment of goodwill for the Biologics and Spine segment, as well as impairment of assets which were included in the sale of the spine asset group. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated by reference in this Item 2.02.

The information contained in Items 2.02 to this Current Report on Form 8-K, including Exhibit 99.1, attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing by the Company under the Securities Act of 1933, as amended.

Item 9.01.    Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number
Description
99.1
Press Release issued by the Company on January 31, 2017.









SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXACTECH, INC.
      
Date:
January 31, 2017
 
By:
/s/ Joel C. Phillips
 
 
 
 
Joel C. Phillips
 
 
 
 
Chief Financial Officer







EXHIBIT INDEX
Exhibit Number
Description
99.1
Press Release issued by the Company on January 31, 2017