Private company

ZimVie Inc.

ZimVie Inc. is an American dental equipment and supplies company based in Westminster.2

Last updated Oct 20, 2026.

Overview

  • IndustryDental Equipment & Supplies2
  • HeadquartersWestminster, United States2
  • Incorporated inDE3
  • Business address4555 Riverside Drive, Palm Beach Garden, Fl 334103
  • Filer categoryAccelerated filer3
  • Legal formCorporation2
  • LEI549300GFKURT1J6XR6652
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressc/o The Corporation Trust Company, Corporation Trust Center 1209 Orange Street, 19803 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 60997352

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-4.6%Operating margin5
-5.7%Net margin5
-1.7%Revenue growth, 20245
-6.8%Return on equity5
0.58×Debt to equity5

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Research and development6¢$26.9M
  • Selling, general and admin53¢$238.6M
  • Other costs34¢$155.1M
  • Interest4¢$18.9M
  • Income tax2¢$10.2M

Out of $449.7M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2024

  • Kept or used elsewhere100¢$14.2M

Out of $14.2M of cash from operations.5

Financial statements

Revenue6785$449.7M in 2024−57% since 2019
0$500.0M$1.0B$1.5B2019: $1.1B$1.1B20192020: $912.4M$912.4M2020−14%2021: $472.3M$472.3M2021−48%2022: $463.3M$463.3M2022−2%2023: $457.4M$457.4M2023−1%2024: $449.7M$449.7M2024−2%
Operating income6785-$20.7M in 2024−26% since 2019
-$300.0M-$200.0M-$100.0M0$100.0M2019: -$27.8M-$27.8M20192020: -$222.6M-$222.6M2020+701%2021: $21.8M$21.8M20212022: -$46.5M-$46.5M20222023: -$30.9M-$30.9M2023−33%2024: -$20.7M-$20.7M2024−33%
Net income675-$25.8M in 2024−8% since 2019
-$400.0M-$300.0M-$200.0M-$100.0M02019: -$28.0M-$28.0M20192020: -$179.1M-$179.1M2020+540%2021: -$95.3M-$95.3M2021−47%2022: -$63.9M-$63.9M2022−33%2023: -$393.3M-$393.3M2023+516%2024: -$25.8M-$25.8M2024−93%
Fiscal year2018201920202021202220232024
Revenue$1.1B6$912.4M7$472.3M8$463.3M5$457.4M5$449.7M5
Research and development$55.6M6$49.2M7$27.3M8$31.1M5$26.2M5$26.9M5
Selling, general and admin$605.4M6$533.5M7$207.6M8$253.2M5$249.0M5$238.6M5
Operating expenses$450.5M8$509.8M5$488.4M5$470.4M5
Operating income-$27.8M6-$222.6M7$21.8M8-$46.5M5-$30.9M5-$20.7M5
Interest$100.0K6$302.0K7$405.0K8$11.1M5$22.7M5$18.9M5
Income before tax$20.6M8-$54.5M5-$50.8M5-$23.6M5
Income tax$200.0K6-$42.3M7$4.2M8-$7.6M5$5.2M5$10.2M5
Net income-$28.0M6-$179.1M7-$95.3M7-$63.9M7-$393.3M5-$25.8M5
Earnings per share-$6.877-$3.668-$2.455-$14.875-$0.945
Earnings per share (diluted)-$6.877-$3.668-$2.455-$14.875-$0.945
Shares (weighted, basic)26.1M shares826.1M shares526.5M shares527.4M shares5
Shares (weighted, diluted)26.1M shares826.1M shares526.5M shares527.4M shares5

Compare ZimVie Inc. with another company

Corporate structure

ZimVie Inc. sits at the top of its group. 33 entities, 21 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of ZimVie Inc.

  • J. Goldman & Co LP Filed SCHEDULE 13G/A on ZimVie Inc., latest Nov 14, 2025 (2 filings since Feb 14, 2025)
  • GLAZER CAPITAL, LLC Filed SCHEDULE 13G/A on ZimVie Inc., latest Nov 13, 2025 (2 filings since Sep 10, 2025)
  • GAMCO Investors Filed SCHEDULE 13D/A on ZimVie Inc., latest Oct 22, 2025 (2 filings since Jul 28, 2025)
  • Camber Capital Management LP Filed SCHEDULE 13G/A on ZimVie Inc., latest Aug 27, 2025 (7 filings since Mar 21, 2022)
  • Divisadero Street Capital Management, LP Filed SC 13G/A on ZimVie Inc., latest Nov 14, 2024 (4 filings since Jun 2, 2023)
  • Eversept Partners, LP Filed SC 13G on ZimVie Inc., latest Nov 14, 2024
  • Neuberger Berman Filed SC 13G/A on ZimVie Inc., latest Oct 4, 2024 (2 filings since Feb 12, 2024)
  • INTEGRATED CORE STRATEGIES (US) LLC Filed SC 13G on ZimVie Inc., latest Jul 2, 2024 (3 filings since Mar 21, 2023)
  • Kent Lake Capital LLC Filed SC 13G/A on ZimVie Inc., latest Feb 14, 2024 (2 filings since Apr 20, 2023)
  • VANGUARD GROUP INC Filed SC 13G/A on ZimVie Inc., latest Feb 13, 2024 (2 filings since Feb 9, 2023)
  • BALYASNY ASSET MANAGEMENT L.P. Filed SC 13G/A on ZimVie Inc., latest Feb 14, 2023 (2 filings since Jul 15, 2022)
  • ZimVie Inc. Westminster, Colorado, United States
    • 3DIEMME Srl Subsidiary · Italy
    • Biomet 3i Australia Pty. Ltd. Subsidiary · Australia
    • Biomet 3i Dental Iberica SLU Subsidiary · Spain
    • Biomet 3i Mexico S.A. de C.V. Subsidiary · Mexico
    • Biomet 3i Switzerland GmbH (Biomet 3i Schweiz GmbH) Subsidiary · Switzerland
    • Biomet 3i UK Ltd. Subsidiary · United Kingdom
    • Biomet 3i, LLC Subsidiary · Florida, United States
    • IC Guided Surgery, SRL Subsidiary · Costa Rica
    • Implant Concierge, LLC Subsidiary · Texas, United States
    • JERDS Luxembourg Holding S.a.r.l Subsidiary · Luxembourg
    • ZB Dental India Private Limited Subsidiary · India
    • Zfx GmbH Subsidiary · Germany
    • Zfx Innovation Srl Subsidiary · Italy
    • Zimmer Biomet Dental Canada Inc. Subsidiary · Canada
    • Zimmer Dental Inc. Subsidiary · Delaware, United States
    • Zimmer Dental Italy Srl Subsidiary · Italy
    • ZimVie (Shanghai) Medical Device Co. Ltd. Subsidiary · China
    • ZimVie Austria GmbH Subsidiary · Austria
    • ZimVie Belgium N.V. Subsidiary · Belgium
    • ZimVie Brasil Comercio, Importacao e Exportacao de Produtos Medicos Ltda. Subsidiary · Brazil
    • ZimVie Chile Spa Subsidiary · Chile
    • ZimVie France SAS Subsidiary · France
    • ZimVie Germany GmbH Subsidiary · Germany
    • ZimVie Holdings OUS LLC Subsidiary · Delaware, United States
    • ZimVie Holdings US 1 LLC Subsidiary · Delaware, United States
    • and 7 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What ZimVie Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$173.9M5 Dec 31, 2024$180.8M5 Dec 31, 2023−3.8%
Accumulated depreciation$126.6M5 Dec 31, 2024$126.6M5 Dec 31, 20230%
Property and equipment, net$47.3M5 Dec 31, 2024$54.2M5 Dec 31, 2023−12.7%
Operating-lease assets (leased space)$10.6M5 Dec 31, 2024$11.1M5 Dec 31, 2023−4.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$75.0M5 Dec 31, 2024$71.5M5 Dec 31, 2023+4.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$257.6M5 Dec 31, 2024$262.1M5 Dec 31, 2023−1.7%
Finite-lived intangibles, gross$302.4M5 Dec 31, 2024$397.1M5 Dec 31, 2023−23.9%
Accumulated amortization$209.7M5 Dec 31, 2024$282.8M5 Dec 31, 2023−25.9%
Finite-lived intangibles, net$92.7M5 Dec 31, 2024$114.4M5 Dec 31, 2023−18.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$75.0M5 Dec 31, 2024$79.6M5 Dec 31, 2023−5.8%
Raw materials$3.0M5 Dec 31, 2024$4.5M5 Dec 31, 2023−33.4%
Work in process$18.1M5 Dec 31, 2024$20.7M5 Dec 31, 2023−12.4%
Finished goods$53.9M5 Dec 31, 2024$54.5M5 Dec 31, 2023−1.0%

Properties, in its own words

We own or lease approximately 30 facilities around the world. Our corporate headquarters is in Palm Beach Gardens, Florida, which is also home to significant manufacturing operations and R&D activities.

We have two principal manufacturing site locations, described below, and a physical presence in approximately 20 countries.

The rest of Item 2

Location · How Held · Primary Use · Sq. Ft.

Palm Beach Gardens, FL · Owned · Corporate Headquarters Manufacturing · 190,000

Valencia, Spain · Owned · Manufacturing · 70,000

We maintain sales and administrative offices and warehouse and distribution facilities in countries around the world. These local market facilities are primarily leased due to common business practices and to allow us to be more adaptable to changing needs in the market.

We distribute our products both through large, centralized warehouses and through smaller, market specific facilities, depending on the needs of the market.

We believe that all of the facilities and equipment are in good condition, well maintained and able to operate at present levels. We believe the current facilities, including manufacturing, warehousing, R&D and office space, provide sufficient capacity to meet ongoing demands.

Item 2 of the 10-K filed Feb 26, 2025.11

Leadership

Who has led ZimVie Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Vafa Jamali2022

Chief financial officer

  1. Richard Heppenstall2025–now
2025
Board members and other officers (12)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • 3DIEMME Srl Italy4
  • Biomet 3i Australia Pty. Ltd. Australia4
  • Biomet 3i Dental Iberica SLU Spain4
  • Biomet 3i Mexico S.A. de C.V. Mexico4
  • Biomet 3i Switzerland GmbH (Biomet 3i Schweiz GmbH) Switzerland4
  • Biomet 3i UK Ltd. United Kingdom4
  • Biomet 3i, LLC Florida4
  • IC Guided Surgery, SRL Costa Rica4
  • Implant Concierge, LLC Texas4
  • JERDS Luxembourg Holding S.a.r.l Luxembourg4
  • ZB Dental India Private Limited India4
  • Zfx GmbH Germany4
  • Zfx Innovation Srl Italy4
  • ZimVie (Shanghai) Medical Device Co. Ltd. China4
  • ZimVie Austria GmbH Austria4
  • ZimVie Belgium N.V. Belgium4
  • ZimVie Brasil Comercio, Importacao e Exportacao de Produtos Medicos Ltda. Brazil4
  • ZimVie Chile Spa Chile4
  • ZimVie France SAS France4
  • ZimVie Germany GmbH Germany4
  • ZimVie Holdings OUS LLC Delaware4
  • ZimVie Holdings US 1 LLC Delaware4
  • ZimVie Holdings US 2 LLC Delaware4
  • ZimVie Japan G.K. Japan4
All 33 listed subsidiaries
  • ZimVie Netherlands B.V. Netherlands4
  • ZimVie Netherlands Global Holding B.V. Netherlands4
  • ZimVie Netherlands Holding B.V. Netherlands4
  • ZimVie Portugal Unipessoal, Lda. Portugal4
  • ZimVie US Corp LLC Delaware4
  • Zimmer Biomet Dental Canada Inc. Canada4
  • Zimmer Dental Inc. Delaware4
  • Zimmer Dental Italy Srl Italy4
  • Zimmer Dental Ltd. Israel4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • ZB SpinCo Holdings, Inc.Aug 9, 2021 to Aug 9, 20213

Timeline

  1. Oct 20, 20258-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale25
  2. Oct 10, 20258-K Shareholder vote; Other events26
  3. Oct 3, 20258-K Other events27
  4. Jul 30, 20258-K Results of operations28
  5. Jul 21, 20258-K Entered a material agreement; Other events29
  6. May 13, 20258-K Shareholder vote30
  7. May 8, 20258-K Results of operations; Regulation FD disclosure31
  8. Mar 13, 20258-K Executive or director change; Regulation FD disclosure32
  9. Feb 26, 20258-K Results of operations; Regulation FD disclosure33
  10. Oct 30, 20248-K Results of operations; Regulation FD disclosure34
  11. Aug 1, 20248-K Results of operations; Regulation FD disclosure35
  12. May 17, 20248-K Shareholder vote36
  13. Mar 10, 2022New chief executive Vafa Jamali becomes CEO12
  14. Jul 30, 2021Founded ZimVie Inc. is founded2

Calendar

When it reported results

  1. Jul 30, 2025Reported quarterly or annual results28
  2. May 8, 2025Reported quarterly or annual results31
  3. Feb 26, 2025Reported quarterly or annual results33
  4. Oct 30, 2024Reported quarterly or annual results34
  5. Aug 1, 2024Reported quarterly or annual results35
  6. May 8, 2024Reported quarterly or annual results37
  7. Feb 28, 2024Reported quarterly or annual results38
  8. Nov 1, 2023Reported quarterly or annual results39

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

312 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 33 major events, 185 insider forms, 29 large holders, 50 other. The latest 20:

  1. Nov 14, 2025SCHEDULE 13G/A EDGAR
  2. Nov 13, 2025SCHEDULE 13G/A EDGAR
  3. Oct 31, 202515-12G EDGAR
  4. Oct 22, 2025SCHEDULE 13D/A EDGAR
  5. Oct 20, 20254 EDGAR
  6. Oct 20, 20254 EDGAR
  7. Oct 20, 20254 EDGAR
  8. Oct 20, 20254 EDGAR
  9. Oct 20, 20254 EDGAR
  10. Oct 20, 20254 EDGAR
  11. Oct 20, 20254 EDGAR
  12. Oct 20, 20254 EDGAR
  13. Oct 20, 20254 EDGAR
  14. Oct 20, 2025S-8 POS EDGAR
  15. Oct 20, 2025S-8 POS EDGAR
  16. Oct 20, 2025S-8 POS EDGAR
  17. Oct 20, 20258-K EDGAR
  18. Oct 10, 20258-K EDGAR
  19. Oct 7, 2025DEFA14A EDGAR
  20. Oct 3, 20254 EDGAR

The 312 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

9 open-market trades by officers, directors and large owners since October 2021: 7 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 2, 2024Camber Capital Management LP10% ownerSale525,000$17.71$9.3MForm 4
Mar 13, 2023CRAWFORD SALLYDirectorBuy40,000$5.60$224.0KForm 4
Mar 10, 2023Kidwell HeatherSee remarks below.Buy36,765$5.55$204.0KForm 4
Mar 9, 2023Jamali VafaSee remarks below.Buy20,000$5.58$111.6KForm 4
Mar 6, 2023Heppenstall RichardSee remarks below.Buy12,500$6.00$75.0KForm 4
Mar 6, 2023Jamali VafaSee remarks below.Buy20,000$6.10$122.0KForm 4
Feb 1, 2023ZIMMER BIOMET HOLDINGS, INC.10% ownerSale5,131,946$9.57$49.1MForm 4
May 10, 2022Jamali VafaSee remarks below.Buy10,000$20.04$200.4KForm 4
May 10, 2022Heppenstall RichardSee remarks below.Buy10,000$20.45$204.5KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2024Vafa JamaliPresident and CEO55$818.5K$7.2M51
2024Richard HeppenstallEVP, CFO and Treasurer$475.5K$2.3M51
2024Heather KidwellSVP, Chief Legal, Compliance, and Human Resources Officer and Corporate Secretary$451.2K$1.5M51
2024Indraneel KanaglekarSVP, Chief Commercial Officer$391.0K$1.4M51
2023Vafa JamaliPresident and CEO55$800.0K$4.2M51
2023Richard HeppenstallEVP, CFO and Treasurer$454.5K$1.7M51
2023Indraneel KanaglekarSVP, Chief Commercial Officer$360.5K$1.1M51
2023Heather KidwellSVP, Chief Legal, Compliance, and Human Resources Officer and Corporate Secretary$427.3K$1.1M51
2022Vafa JamaliPresident and CEO55$773.5K$10.4M51
2022Richard HeppenstallEVP, CFO and Treasurer$453.5K$2.7M51
2022Indraneel KanaglekarSVP, Chief Commercial Officer$358.1K$1.7M51
2022Heather KidwellSVP, Chief Legal, Compliance, and Human Resources Officer and Corporate Secretary$355.7K$1.3M51

SEC filer profile

How ZimVie Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARZimVie Inc.1
  • CIK0001876588
  • Employer ID (EIN)87-200779511
  • Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company11
  • Incorporated inDelaware11
  • Fiscal year endsDecember 311
  • Industry code (SIC)3843 Dental Equipment & Supplies1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address4555 Riverside Drive, Palm Beach Garden, FL 334101
  • Phone800-342-54541
  • Shares outstanding28,200,941 as of Jul 25, 202510
  • Public float$493.7M as of Jun 28, 202411
  • AuditorPricewaterhouseCoopers LLP, Miami, Florida PCAOB ID 238; it also attests to the company’s internal control over financial reporting11
  • On EDGAR sinceAug 9, 20211
  • Filings325 in all: 4 (166), 8-K (32), 3 (14), SC 13G/A (14), SC 13G (13), 10-Q (11), DEFA14A (11), UPLOAD (8)1
    All 33 form types

    CORRESP (6), SCHEDULE 13G/A (6), 4/A (5), 10-K (4), DRS/A (4), ARS (3), DEF 14A (3), S-8 (3), S-8 POS (3), DRSLTR (2), SCHEDULE 13G (2), SD (2), 10-12B (1), 10-12B/A (1), 15-12G (1), 25-NSE (1), 25-NSE/A (1), 8-K/A (1), CERT (1), DEFM14A (1), DRS (1), PREM14A (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2025
    Quarterly report (10-Q) Jul 30, 2025
    Proxy statement (DEF 14A) Mar 25, 2025
    Latest 8-K (8-K) Oct 20, 2025

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.01 per shareZIMVThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Feb 26, 2025 (Section 12(b) of the Exchange Act).11

Risk factors and legal proceedings

The risks ZimVie Inc. names in Item 1A of its 10-K filed Feb 26, 2025: 38 risks under these headings, as written.11

  • Risks Related to Our Business, Operations and Strategy
  • Interruption of our manufacturing operations could adversely affect our business, financial condition and results of operations.
  • Disruptions in the supply of the materials and components used in manufacturing our products or the sterilization of our products by third-party suppliers could adversely affect our business, financial condition and results of operations.
  • Our success depends on our ability to effectively develop and market our products against those of our competitors.
  • Our restructuring and other cost reduction initiatives may not be successful or we may not fully realize the expected cost savings and/or operating efficiencies from our restructuring initiatives.
  • To be commercially successful, we must effectively demonstrate to oral surgeons, dentists, DSOs and hospitals the value proposition of our products and procedural solutions compared to those of our competitors.
  • If we fail to retain the employees and the independent agents and distributors upon whom we rely to market our products, customers may not buy our products and our results of operations may decline.
  • If we do not introduce new products in a timely manner, our products may become obsolete over time, customers may not buy our products and our results of operations may decline.
  • We are subject to cost containment measures in the U.S. and other countries, resulting in pricing pressures.
  • Disruptions to our business from implementation of our new enterprise resource planning systems adversely impacted our operating results in 2022, and similar disruptions in 2025 or later years could have a material adverse impact on our business, results of operations, financial condition or cash flows.
  • Our success largely depends on key personnel, including our senior management, and having adequate succession plans in place. We may not be able to attract, retain and develop the highly skilled employees we need to support our business, which could harm our business.
  • We may be unable to achieve some or all of the strategic and financial benefits that we expect to achieve from the sale of our spine segment.
The other 27 risks
  • Public health crises have had, and may in the future have, an adverse effect on certain aspects of our business, results of operations, financial condition, and cash flows. The nature and extent of future impacts are highly uncertain and unpredictable.
  • We may not be able to effectively integrate acquired businesses into our operations or achieve expected cost savings or profitability from our acquisitions.
  • Financial, Liquidity and Tax Risks
  • In connection with our separation from Zimmer Biomet, we incurred floating rate indebtedness that exposes us to increased costs of servicing our indebtedness as interest rates remain elevated, and we may not be able to generate sufficient cash flows to meet all of our debt obligations, which could materially adversely affect our business, financial condition and results of operations.
  • Our ability to generate the significant amount of cash needed to pay interest and principal on our indebtedness and our ability to refinance all or a portion of our indebtedness or obtain additional financing depends on the performance of, and distributions from, our subsidiaries.
  • We are exposed to risks of excess and obsolete inventory and we may not realize the expected benefits of our working capital management strategies, which may adversely impact our cash flow and liquidity and require us to incur additional charges.
  • We are subject to risks arising from currency exchange rate fluctuations, which can increase our costs, cause our results of operations to decline and expose us to counterparty risks.
  • We may be adversely affected by inflation.
  • We may have additional tax liabilities.
  • Future material impairments in the carrying value of our long-lived or intangible assets, including goodwill, would negatively affect our operating results.
  • Global Operational Risks
  • We conduct a significant amount of our sales activity outside of the U.S., which subjects us to additional business risks and may cause our results of operations to decline due to increased costs.
  • Conditions in the global economy, the particular markets we serve and financial markets may adversely affect our business, results of operations and financial condition.
  • Legal, Regulatory and Compliance Risks
  • If we fail to obtain, or experience significant delays in obtaining, FDA clearances or approvals for our future products or product enhancements, our ability to commercially distribute and market our products could suffer.
  • We are subject to costly and complex laws and governmental regulations relating to the development, design, product standards, packaging, advertising, promotion, post-market surveillance, manufacturing, labeling and marketing of our products, non-compliance with which could adversely affect our business, financial condition and results of operations.
  • If we fail to comply with healthcare fraud and abuse laws and regulations or anticorruption regulations, we could face substantial penalties and our business, operations and financial condition could be adversely affected.
  • If we fail to comply with data privacy and security laws and regulations, including with respect to our use of artificial intelligence ("AI") and other technologies, we could face substantial penalties and our business, operations and financial condition could be adversely affected.
  • We are increasingly dependent on sophisticated information technology and if we fail to effectively maintain or protect our information systems or data, including from data breaches, our business could be adversely affected.
  • We bear the risk of warranty claims on our products.
  • We are dependent on patent and other proprietary rights, and failing to protect such rights or to be successful in litigation related to our rights or the rights of others may result in our payment of significant monetary damages and/or royalty payments, negatively impact our ability to sell current or future products, or prohibit us from enforcing our patent and other proprietary rights against others.
  • We are involved in legal proceedings that may result in adverse outcomes.
  • Our business involves the use of hazardous materials, and we and our third-party manufacturers must comply with environmental laws and regulations, which may be expensive and restrict how we do business.
  • Climate change, or legal, regulatory or market measures to address climate change, may materially adversely affect our financial condition and business operations.
  • Risks Related to the Separation and the Distribution
  • If the distribution, together with certain related transactions, does not qualify as a transaction that is generally tax-free for U.S. federal income tax purposes, we, Zimmer Biomet, and Zimmer Biomet stockholders could be subject to significant tax liabilities and, in certain circumstances, we could be required to indemnify Zimmer Biomet for material taxes and other related amounts pursuant to indemnification obligations under the tax matters agreement.
  • If we are required to pay under our indemnification obligations to Zimmer Biomet, our financial results could be negatively impacted. The Zimmer Biomet indemnity may not be sufficient to hold us harmless from the full amount of liabilities for which Zimmer Biomet is allocated responsibility, and Zimmer Biomet may not be able to satisfy its indemnification obligations in the future.
  • Risks Related to Our Common Stock
  • If securities or industry analysts do not publish research or publish inaccurate, misleading or unfavorable research about our business, our stock price and trading volume could decline.
  • If we are unable to maintain effective internal control over financial reporting, investors may lose confidence in the accuracy and completeness of our financial reports and the market price of our common stock may be negatively affected.
  • The market price of shares of our common stock may be volatile, which could cause the value of your investment to decline.
  • We do not expect to pay any cash dividends for the foreseeable future.

Legal proceedings

We are subject to various claims, legal proceedings and investigations regarding commercial, contractual, intellectual property, employment, product liability and other matters that arise in the normal course of business. We currently do not expect the outcome of these matters to have a material adverse impact on our results of operations, cash flows or financial position. However, the outcome of such matters is unpredictable, our assessment of them may change, and resolution of them could have a material adverse effect on our financial position, results of operations or cash flows.

For additional information related to our contingencies, see Note 16 to our consolidated financial statements included in Part II, Item 8 of this Annual Report, which is incorporated herein by reference.

The opening of Item 3, Legal Proceedings.11

Sources

The numbers on this page point here. Each one links to the record it came from.

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  24. 24
  25. 25
  26. 26
  27. 27
    SEC EDGAROther events
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51