Tenon Medical Announces Pricing of $3M Private Placement Offering
Tenon Medical priced a $3 million private placement offering, selling approximately 597,610 shares of common stock (or pre-funded warrants) along with warrants to purchase up to 1,058,517 shares. The combined effective offering price is $5.02 per share, with the warrants exercisable immediately at $5.02 and expiring five years from issuance.
Key figures
- Deal Value Usd
- 3000000
- Offering Price
- 5.02
- Shares Offered
- 597610
- Warrants offered
- 1058517
- Warrant exercise price
- 5.02
- Prefunded warrant price
- 5.019
AI analysis
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