Tenon Medical (TNON) Announces 1:8 Reverse Share Split

Go back to Tenon Medical (TNON) Announces 1:8 Reverse Share Split

Tenon Medical Announces 1:8 Reverse Split

September 4, 2024 11:32 AM EDT

LOS GATOS, CA / ACCESSWIRE / September 4, 2024 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ: TNON), a company transforming care for patients suffering with certain sacroiliac joint disorders, today announced, a 1:8 reverse stock split of the Company's issued and outstanding common stock.

The reverse stock split will become effective at 12:01, Eastern Time, on September 6, 2024, prior to the commencement of trading on the Nasdaq Capital Market. As of that time, each 8 shares of issued and outstanding common stock will be converted into one share of common stock. The Company's common stock is... More