Form 8-K
8-K — Sanara MedTech Inc.
Accession: 0001493152-26-027274
Filed: 2026-06-04
Period: 2026-06-02
CIK: 0000714256
SIC: 3842 (ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES)
Item: Termination of a Material Definitive Agreement
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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
Exchange Act of 1934
Date
of Report (Date of earliest event reported): June 2, 2026
SANARA
MEDTECH INC.
(Exact
name of registrant as specified in its charter)
Texas
001-39678
59-2219994
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
1200 Summit
Avenue, Suite 414
Fort Worth, Texas
76102
(Address of principal executive
offices)
(Zip Code)
Registrant’s
telephone number, including area code: (817) 529-2300
(Former
name or former address, if changed since last report)
Not
Applicable
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 (see General Instruction A.2. below):
☐
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))
Securities
registered pursuant to Section 12(b) of the Act:
Title of
each class
Trading Symbol(s)
Name of each
exchange on which registered
Common Stock, $0.001 par
value
SMTI
The Nasdaq Capital Market
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
1.02 Termination of a Material Definitive Agreement.
As
previously disclosed, on March 20, 2023, Sanara MedTech Inc. (the “Company”) entered into a Transaction Advisory Services
Agreement (the “Services Agreement”) with The Catalyst Group, Inc., a Texas corporation (“Catalyst”), effective
as of March 1, 2023. Pursuant to the Services Agreement, Catalyst agreed to perform certain transaction advisory, business and organizational
strategy, finance, marketing, operational and strategic planning, relationship access and corporate development services for the Company
in connection with any merger, acquisition, recapitalization, divestiture, financing, refinancing, or other similar transaction in which
the Company may have been, or may have considered becoming, involved, and any such additional services as mutually agreed upon in writing
by and between the Company and Catalyst. As previously disclosed, the Company’s Chairman, Ronald T. Nixon, is the founder
and managing partner of Catalyst, and Catalyst and its affiliates collectively beneficially own more than 5% of the Company’s outstanding
common stock.
On
June 2, 2026, in connection with the Company’s shift in strategy to focus on soft tissue repair and bone fusion products for the
surgical market, the Company entered into a Mutual Termination Agreement (the “Mutual Termination Agreement”) with Catalyst,
pursuant to which the parties agreed to terminate the Services Agreement, effective immediately. Pursuant to the Mutual Termination Agreement,
certain covenants contained in the Services Agreement, including those relating to indemnification and confidentiality, will remain in
full force and effect in accordance with the terms of the Services Agreement. The Company did not pay a fee or penalty in connection
with the termination of the Services Agreement.
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.
Date:
June 4, 2026
Sanara
MedTech Inc.
By:
/s/
Elizabeth B. Taylor
Name:
Elizabeth
B. Taylor
Title:
Chief
Financial Officer
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Entity File Number
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Entity Registrant Name
SANARA
MEDTECH INC.
Entity Central Index Key
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Entity Tax Identification Number
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Entity Incorporation, State or Country Code
TX
Entity Address, Address Line One
1200 Summit
Avenue
Entity Address, Address Line Two
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Entity Address, City or Town
Fort Worth
Entity Address, State or Province
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Entity Address, Postal Zip Code
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City Area Code
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Local Phone Number
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