---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-058916"
form_type: "8-K"
ticker: "TNON"
cik: "0001560293"
company_name: "Tenon Medical, Inc."
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T04:56:33.831094+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tenon Medical receives Nasdaq deficiency notice for bid price below $1.00 per share

## Summary
- Nasdaq letter dated July 20, 2023; common stock failed to maintain $1.00 minimum bid for 30 consecutive days (June 6-July 19, 2023).
- Initial 180-day compliance period runs to January 16, 2024; must close at $1.00+ for 10 consecutive trading days to regain compliance.
- If not cured by Jan 16, company may qualify for an additional 180-day period by meeting other listing standards and potentially executing a reverse stock split.
- Stock continues trading on The Nasdaq Capital Market under symbol TNON while company evaluates options to regain compliance.
- No assurance of regaining compliance; failure could lead to delisting and a potential appeal to a Nasdaq hearings panel.

## SEC filing metadata
- accession: 0001213900-23-058916
- form_type: 8-K
- ticker: TNON
- cik: 0001560293
- company_name: Tenon Medical, Inc.
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560293/000121390023058916/0001213900-23-058916-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560293/000121390023058916/ea182108-8k_tenonmed.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-058916
- JSON: https://secwatch.observer/filing/0001213900-23-058916.json
- Plain text: https://secwatch.observer/filing/0001213900-23-058916.txt

## Key facts
- Listing & Compliance Notices
  Tenon Medical, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: ule 5550(a)(2) (the “Bid Price Rule”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an initial
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560293/000121390023058916/0001213900-23-058916-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.