Sanara MedTech (SMTI) to Offer Common Stock

Sanara MedTech Inc. (NASDAQ: SMTI), a provider of wound and skin care products dedicated to improving patient outcomes, today announced that it intends to offer shares of its common stock in an underwritten public offering. In addition, Sanara intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its common stock offered in the public offering. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Cantor Fitzgerald & Co. is acting as the sole book-running manager for the proposed offering.

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