SHAREHOLDER ALERT: Weiss Law Investigates Orthofix Medical Inc.

NEW YORK, Oct. 14, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Orthofix Medical Inc. ("Orthofix" or the "Company") (NASDAQ: OFIX) in connection with the proposed acquisition of the Company by SeaSpine Holdings Corporation ("SeaSpine") (NASDAQ: SPNE).  Under the terms of the merger agreement, the Company's shareholders will receive 0.4163 shares of SeaSpine common stock for each Orthofix share owned, representing implied per-share merger consideration of approximately $2.44 based upon SeaSpine' October 13, 2022 closing price of $5.86.  Upon completion of the transaction, Orthofix shareholders will own approximately 56.5 percent of the combined company, and SeaSpine shareholders will own approximately 43.5 percent of the combined company. 

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