SpineGuard and XinRong Medical Group announced the placement of a large purchase order of PediGuard devices and the completion of a capital increase primarily intended to fund the registration of the whole SpineGuard product portfolio by the Chinese NMPA (National Medical Product Administration). In line with the extended distribution agreement announced on May 16, XinRong Medical placed a purchase order for 448 Straight PediGuard units. In parallel, SpineGuard appointed a third-party regulatory agent, with XinRong’s input, to execute the Chinese registration of the other versions of PediGuard i.e. the Curved, the XS, the Canulated and the Threaded spinal drilling probes embedding SpineGuard’s DSG (Dynamic Surgical Guidance) technology.