Tenon Medical To Exercise 572,179 Existing Warrants For $2.87M, Issuing New Warrants For 858,269 Shares At $5.02 Each
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 entered into
Tenon Medical is trading in old ownership pieces for new ones and raising about 2.9 million dollars. This shows the company is getting cash, but watch if too many new pieces dilute what current owners hold.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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