WallachBeth Capital Announces Tenon Medical Pricing of $3M Private Placement Offering
Tenon Medical priced a $3 million private placement, agreeing to sell 597,610 shares of common stock and warrants to purchase up to 1,058,517 shares of common stock. The combined effective offering price for the common stock units is $5.02 per share, while the pre-funded warrant units are priced at $5.019.
Key figures
- Deal Value Usd
- 3000000
- Offering Price
- 5.02
- Shares Offered
- 597610
- Warrants included
- 1058517
- Warrant expiry years
- 5
- Warrant exercise price
- 5.02
- Prefunded warrant price
- 5.019
- Prefunded warrant exercise price
- 0.001
AI analysis
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