Tenon Medical closes warrant deal, raises $2.87M

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Go back to Tenon Medical closes warrant deal, raises $2.87M

Tenon Medical Announces Closing of Warrant Inducement Offering for Aggregate Gross Proceeds of Approximately $2,872,338

September 14, 2026 12:35 PM EDT

LOS GATOS, CA / ACCESS Newswire / September 14, 2026 / Tenon Medical, Inc. (NASDAQ: TNON) ("Tenon" or the "Company"), a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders, announced today it has closed its previously announced warrant inducement agreement with an institutional investor to exercise outstanding warrants to purchase an aggregate of 572,179 of the Company's shares of common stock (the "Existing Warrants").

In consideration for the immediate exercise in full of the Existing Warrants for gross cash proceeds of $2,872,338.58, the... More