WallachBeth Capital Announces Pricing of Tenon Medical, Inc. $4.2 Million Public Offering

Category: Markets

Published: 2026-06-30T13:59:00.000Z

WallachBeth Capital LLC announced that Tenon Medical, Inc. (NASDAQ: TNON) has priced a public offering to raise approximately $4.2 million. The offering includes up to 11,052,631 shares of common stock (or pre-funded warrants) and common stock purchase warrants for up to 13,263,159 shares, all at a combined public offering price of $0.38. Tenon plans to use the net proceeds for partial repayment of convertible notes, expansion of its commercial footprint, clinical research, R&D, and general corporate purposes.

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