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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):
August 17, 2023
SS INNOVATIONS INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Florida |
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333-216054 |
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47-3478854 |
(State or Other Jurisdiction
of Incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
1600 SE 15th Street, #512
Fort Lauderdale, Florida |
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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 |
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Name of each exchange on which registered |
None |
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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. f/k/a Avra Medical Robotics, Inc. and its subsidiaries.
Item 7.01 Regulation FD Disclosure.
On August 17, 2023, SSII issued a press release
announcing that the Company had been featured on Indian national news as the country celebrated its 77th Independence Day on August 15, 2023.
DD India,
a news and current affairs channel in India, aired the feature as part of a series highlighting home-grown success stories that showcase
Indian excellence on the global stage.
DD India
is the country’s most-watched English language news channel with approximately eight million viewers. To watch the feature, please
visit: https://www.youtube.com/watch?v=qGt8tx0r6Nk.
The foregoing information, including the
press release attached as Exhibit 99.1 to this Report, is being furnished pursuant to Item 7.01 of this Current Report
and shall not be deemed “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as
amended or incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific
reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
* |
Furnished but not filed. |
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: August 17, 2023 |
SS INNOVATIONS INTERNATIONAL, INC. |
|
|
|
|
By: |
/s/ Sudhir Srivastava |
|
|
Sudhir Srivastava, M.D.
Chairman and Chief Executive Officer |
2
Exhibit 99.1
SS Innovations Recognized on National News As
India Celebrates Independence Day
News channel, DD India, features SS Innovations’
work in the field of medical technology as an example of Indian excellence
Fort Lauderdale, FL., August 17, 2023 - News
Direct - SS Innovations International, Inc. (the “Company” or “SS Innovations”) (OTC: SSII), a developer of
innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, has been
featured on Indian national news as the country celebrated its 77th Independence Day on August 15, 2023.
DD India,
a news and current affairs channel in India, aired the feature as part of a series highlighting home-grown success stories that showcase
Indian excellence on the global stage.
Dr. Sudhir Srivastava,
Chairman of the Board and Chief Executive Officer of SS Innovations, said, “India’s population is almost 1.4 billion, served
by more than 70,000 hospitals. Today we have fewer than 100 robotic systems in use across the country, meaning that hospitals, surgeons
and patients do not have access to this gold standard of care because of the expense.”
12,800 robotic-assisted
surgeries have been performed in India over the past 12 years using imported devices. SS Innovations aims to change these numbers with
its SSi Mantra, the first surgical system to be made in India, and one of the only systems in the world to be distinctly cost-effective
with broad-spectrum surgical applications, including cardiovascular, thoracic and head and neck surgery.
DD India highlighted
that it takes less than a week for engineers to build the SSi Mantra surgical robotic system which costs around a third of Intuitive Surgical’s
da Vinci device.
The SSi Mantra has been
granted regulatory approval in India and is clinically validated in more than 40 different types of surgical procedures. SS Innovations
is working to secure regulatory approvals in the United States and Europe, expected in 2024 and 2025.
DD India
is the country’s most-watched English language news channel with approximately eight million viewers. To watch the feature, please
visit: https://www.youtube.com/watch?v=qGt8tx0r6Nk.
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, 3D vision open-console design and superior ergonomics,
the system engages machine learning models 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 surgical procedures. The company expects to seek regulatory approvals from the US Food and Drug Administration (FDA) and CE
Mark in Europe in 2023 and 2024.
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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AVRA Medical Robotics (PK) (USOTC:AVMR)
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