0001213900-24-008744.txt : 20240201 0001213900-24-008744.hdr.sgml : 20240201 20240201083017 ACCESSION NUMBER: 0001213900-24-008744 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240201 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240201 DATE AS OF CHANGE: 20240201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SS Innovations International, Inc. CENTRAL INDEX KEY: 0001676163 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 473478854 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-56608 FILM NUMBER: 24585131 BUSINESS ADDRESS: STREET 1: 1600 SE 15TH STREET STREET 2: #512 CITY: FORT LAUDERDALE STATE: FL ZIP: 33316 BUSINESS PHONE: (954) 478-1410 MAIL ADDRESS: STREET 1: 1600 SE 15TH STREET STREET 2: #512 CITY: FORT LAUDERDALE STATE: FL ZIP: 33316 FORMER COMPANY: FORMER CONFORMED NAME: AVRA Medical Robotics, Inc. DATE OF NAME CHANGE: 20160601 8-K 1 ea192608-8k_ssinnova.htm CURRENT REPORT
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): February 1, 2024

 

SS INNOVATIONS INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

 

Florida   333-216054   47-3478854
(State or Other Jurisdiction
of Incorporation)		   (Commission File Number)   (IRS Employer
Identification No.)

 

1600 SE 15th Street, #512

Fort Lauderdale, Florida

   33316
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (954) 478-1410

 

 

(Former name or former address, if changed since last report)

 

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   Name of each exchange on which registered
None   N/A   N/A

 

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. ☐ 

 

 

 

 

 

As used in this Current Report on Form 8-K (this “Report”), the terms “SSII,” “the Company,” “we,” “us” and “our” refer to SS Innovations International, Inc. and its subsidiaries.

 

Item 8.01 Other Events.

 

On February 1, 2024, we issued a press release reporting that the Company had conducted a live remote robotic surgery demonstration using its telesurgery platform at the SS Innovations Multi-Specialty Robotic Surgical Conference which was held in Gurugram, Haryana, India on January 19 and 20, 2024.

 

A copy of the press release is included as Exhibit 99.1 to this Report.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)       Exhibits

 

Exhibit No.   Description
99.1   Press Release, dated February 1, 2024
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

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.

 

Dated: February 1, 2024 SS INNOVATIONS INTERNATIONAL, INC.
     
  By: /s/ Sudhir Srivastava
   

Sudhir Srivastava, M.D.

Chairman and Chief Executive Officer

 

 

2

 

 EX-99.1 2 ea192608ex99-1_ssinnova.htm PRESS RELEASE, DATED FEBRUARY 1, 2024

Exhibit 99.1

 

 

SS Innovations Demonstrates Groundbreaking Telesurgery Platform at Company’s First Multi-Specialty Robotic Surgical Conference

 

Remote coronary artery suturing performed on animal model via SS Innovations’ telesurgery platform

 

SMRSC 2024 welcomed global medical experts and innovators to explore the future of robotic surgery

 

Fort Lauderdale, FL., February 1, 2024 - News Direct – SS Innovations International, Inc. (OTC: SSII), a developer of innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, conducted a groundbreaking live telesurgery demonstration at the inaugural SS Innovations Multi-Specialty Robotic Surgical Conference (SMRSC) that was held in Gurugram, Haryana, India on January 19 and 20, 2024. SS Innovations Founder, Chairman and Chief Executive Officer, Dr. Sudhir Srivastava, through SS Innovations’ Telesurgery Platform, performed a remote coronary artery suturing demonstration on an animal model during the conference’s first day to acclaim from the audience of more than 350 participants.

 

“Our breakthrough technology opens up endless possibilities for conducting remote medical procedures worldwide,” said Dr. Srivastava. “It was an honor to share this innovation through our flagship robotic surgical system, the SSi Mantra™, among a group of global leaders and experts in the field of robotic surgery, and we truly believe the sky is the limit for this application of technology.”

 

The remote telesurgery demonstration included precisely suturing on a coronary artery less than one millimeter in diameter on a porcine heart model. There was no observable latency, which is an absolute requirement for remote surgeries, and was performed from the conference hotel to the SSI Lab a few kilometers away as attendees watched live. The remote telesurgery was the first of several live, broadcasted surgeries during the conference showcasing the SSi Mantra™ and demonstrating its practical applications across specialties including cardiac, colorectal, urology, gynecology and general surgery, providing attendees with real-time insights from an expert panel of multi-specialty robotic surgeons. Other procedures included a robotic atrial septal defect repair, a radical prostatectomy, a radical hysterectomy, a LIMA Takedown, a radical cystectomy, robotic hernia repairs and a radical nephrectomy, among others.

 

SMRSC 2024 provided an unparalleled opportunity for participants to explore the future of robotic surgery, with a specific focus on the SSi Mantra™. Panel discussions and scientific sessions featured distinguished international faculty, sharing insights on the future of robotic surgery across the world. Sessions also covered the integration of Artificial Intelligence into surgery, and the pursuit of sustainable telesurgery, among others.

 

The SSi Mantra™ Surgical Robotic System is the first surgical system to be made in India, and one of the only systems in the world to be cost-effective with broad-spectrum surgical applications including cardiac surgery. It has been granted regulatory approval in India and Guatemala and is clinically validated in more than 40 different types of surgical procedures. More than 650 surgical procedures have been performed using the system to date. SS Innovations has commenced the regulatory approval process in the United States and EU, and anticipates receiving such approvals in the latter half of 2024 -2025 time frame.

 

For more information about SMRSC, please visit https://www.ssinnovations.com/SMRSC_2024/.

 

About SS Innovations International, Inc.

 

SS Innovations International, Inc. (OTC: SSII) is a developer of innovative surgical robotic technologies with a vision to make the benefits of robotic surgery affordable and accessible to a larger part of the global population. SSII’s product range includes its proprietary “SSi Mantra™” surgical robotic system, and “SSi Mudra™”, its wide range of surgical instruments capable of supporting a variety of surgical procedures including robotic cardiac surgery. SSII’s business operations are headquartered in India and SSII has plans to expand the presence of its technologically advanced, user-friendly, and cost-effective surgical robotic solutions, globally. For more information, visit SSII’s website at ssinnovations.com or LinkedIn for updates.

 

About SSi Mantra™

 

Supporting advanced, affordable, and accessible robotic surgery, the SSi Mantra™ Surgical Robotic System provides the capabilities for multi-specialty usage including cardiothoracic, head and neck, gynecology, urology, general surgery and more. With its modular arm configuration, 3D 4K vision open-console design and superior ergonomics, the system engages with the surgeon and surgical teams to improve safety and efficiency during procedures. The SSi Mantra™ system has received Indian Medical Device regulatory approval (CDSCO) and is clinically validated in India in more than 40 different types of surgical procedures. The Company has commenced the regulatory approval process with the US Food and Drug Administration (FDA) and EU authorities, and anticipates receiving such approvals in the latter half of 2024 -2025 time frame.

 

Forward-Looking Statements

 

This press release may contain statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “will,” “intend,” “may,” “plan,” “project,” “should,” “could,” “seek,” “designed,” “potential,” “forecast,” “target,” “objective,” “goal,” or the negatives of such terms or other similar expressions to identify such forward-looking statements. These statements relate to future events or SS Innovations International’s future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

 

For more information:

 

PCG Advisory

Stephanie Prince

sprince@pcgadvisory.com

(646) 863-6341

 

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