Tenon Medical raises up to $4.5M through public offering of 1.22M shares and warrants at $3.68/share.

Tenon Medical, Inc. has announced a public offering of up to 1,222,850 shares of common stock and warrants, priced at $3.68 per share, aiming to raise approximately $4.5 million. The warrants, with an exercise price of $3.55, are immediately exercisable and expire in five years. The offering is expected to close on September 16, 2024, pending customary conditions. Proceeds will be used for commercial activities, working capital, and general corporate purposes.

September 13, 2024
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