Benzinga | Jan 21, 2022 09:08AM EST

Zimmer Biomet Reports Filing Of Form 10 Statement Related To Planned Spinoff Of ZimVie

Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today announced that it has filed a Form 10 registration statement with the United States Securities and Exchange Commission ("SEC") in connection with the intended spinoff of its Dental and Spine businesses into a standalone, publicly traded company, ZimVie.



The Form 10 includes detailed information about ZimVie, such as historic financial information, a description of ZimVie's business and strategy, and other legal and financial disclosures. A copy of the Form 10 is available on the SEC website at www.sec.gov.

In addition, ZimVie will host a virtual Investor Day on Monday, February 7, 2022 from 11:00 a.m. to approximately 3:00 p.m. Eastern Time. The virtual event will feature presentations from ZimVie leaders outlining its Dental and Spine offerings, addressable market opportunity, financial outlook, business strategy, and the broader organizations supporting these businesses. The event will feature a live Q&A panel following speaker presentations.

A live and archived webcast of the event can be accessed via Zimmer Biomet's Investor Relations website at https://investor.zimmerbiomet.com.

Zimmer Biomet announced in February 2021 its intent to form a new independent, publicly traded company to optimize resource allocation and drive toward market leadership. That transaction process remains on track, with an expected close in the first quarter of 2022.