Aug. 4 at 11:26 AM
$TNON Regarding Nasdaq compliance:
Tenon Medical has been notified that it is not in compliance with Nasdaq's
$1.00 minimum bid price requirement. The company has until August 24, 2026, to regain compliance by maintaining a closing bid price of at least
$1.00 per share for a minimum of 10 consecutive trading days.
Tenon Medical (NASDAQ: TNON) shareholders have approved a proposal authorizing the Board of Directors to implement a reverse stock split at a ratio ranging from 1-for-2 to 1-for-35, with the Board retaining the discretion to determine the final ratio and the effective date of the reverse split.
