Item 7.01 Regulation FD Disclosure.





Monthly Operating Report

On March 25, 2020, the Company filed with the Bankruptcy Court a monthly operating report for the month ended February 29, 2020 (the "Monthly Operating Report"). The Monthly Operating Report is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 7.01.

The information contained in this Item 7.01, including Exhibit 99.1 incorporated by reference herein, is being furnished under Item 7.01 of Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing. The filing of this Current Report on Form 8-K shall not be deemed an admission as to the materiality of any information herein that is required to be disclosed solely by reason of Regulation FD.

Cautionary Note Regarding the Monthly Operating Report

Investors and potential investors should not place undue reliance on the information contained in the Monthly Operating Report, which was not prepared for the purpose of providing the basis for an investment decision relating to any securities of the Company. The Monthly Operating Report is limited in scope, covers a limited time period, and has been prepared solely for the purpose of complying with the requirements of the Bankruptcy Court. The Monthly Operating Report was not audited or reviewed by independent accountants, is in a format prescribed by applicable bankruptcy laws, and is subject to future adjustment and reconciliation. The financial information in the Monthly Operating Report was not prepared in accordance with accounting principles generally accepted in the United States ("GAAP") and, therefore, may exclude items required by GAAP, such as certain reclassifications, non-cash items, accruals, valuations and disclosures. The Monthly Operating Report also contains information for a period which is different from the historical periods required in the Company's reports under the Exchange Act, and such information might not be indicative of the Company's financial condition or operating results that would be reflected in the Company's financial statements or its reports under the Exchange Act. There can be no assurance that, from the perspective of an investor or potential investor in the Company's securities, the Monthly Operating Report is complete. Results and information set forth in the Monthly Operating Report should not be viewed as indicative of future results.




Item 8.01 Other Events.



Cessation of Patient Support

The Company is permanently ending its operations. This decision is a result of the sale of the Company's intellectual property and certain other assets to Cirtec Medical Corporation on March 17, 2020, in addition to travel restrictions on the Company's representatives as a result of the ongoing coronavirus (COVID-19) pandemic.





This means:



  ? The Company has ceased all field patient support, product warranty
    replacements and treatment activities, effective immediately.




  ? The Company will continue to provide patient support by phone through
    confirmation of the Plan of Liquidation of Nuvectra Corporation Under Chapter
    11 of the Bankruptcy Code (the "Plan"), which may be as early as April 17,
    2020. Thereafter, those services will not be available.




  ? The Company cannot provide adjustments to therapy or reprogramming.




  ? MRIs can no longer be cleared and the conditions for MRIs cannot be met.




  ? The Company is no longer offering patient education or troubleshooting
    programs.

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  ? Programmer or equipment replacements are no longer available - it is vital
    that patients keep their current products charged at this time.

The Company cannot make specific recommendations regarding patient medical care, and the Company urges patients to consult their physician if they have questions about keeping or removing their device.

Update Regarding Confirmation Hearing

Due to the ongoing coronavirus (COVID-19), it is anticipated that the confirmation hearing with respect to the Plan, previously scheduled for April 17, 2020 at 2:00 p.m. CT at the Bankruptcy Court, will be postponed to a later date. Such later date has not yet been determined but is anticipated to fall in May.

Additional Information Regarding the Chapter 11 Case

Filings with the Bankruptcy Court related to the Chapter 11 Case, including the Plan and the Disclosure Statement describing the Plan (the "Disclosure Statement"), are available electronically at http://www.kccllc.net/nuvectra. Information contained on, or that can be accessed through, such website or the Bankruptcy Court is not part of this Current Report on Form 8-K, and the Company disclaims liability for any such information. This Current Report on Form 8-K is not a solicitation to accept or reject the Plan. Any such solicitation will be made pursuant to and in accordance with the Disclosure Statement and applicable law, including orders of the Bankruptcy Court.




Item 9.01   Financial Statements and Exhibits.



(d)   Exhibits

99.1 Monthly Operating Report for the month ended February 29, 2020 as filed


     with the Bankruptcy Court on March 25, 2020

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