Tenon Medical Raises $2.85 Million in PIPE Financing

Reuters11-11
<a href="https://laohu8.com/S/TNONW">Tenon Medical</a> Raises $2.85 Million in PIPE Financing

Tenon Medical Inc. has announced the pricing of an at-the-market private investment in public equity $(PIPE)$ financing, raising total gross proceeds of $2.85 million from several accredited investors, including strategic industry partners and members of the company's management team. As part of the PIPE, Tenon Medical will issue 2,217,904 shares of common stock and warrants to purchase an equal number of shares at a combined offering price of $1.285 per share and warrant. The warrants have a strike price of $1.16 per share and will expire three years from the date of issuance. The proceeds will be used for working capital, product launches, commercial expansion, clinical studies, and ongoing business operations. The securities sold in the PIPE are unregistered and subject to customary resale registration rights.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tenon Medical Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1100031) on November 11, 2025, and is solely responsible for the information contained therein.
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