secwatch.observer — SEC 8-K summary
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Issuer:     Tenon Medical, Inc. (TNON)
CIK:        0001560293
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001213900-23-084331
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tenon Medical executes 1-for-10 reverse stock split effective Nov 2, 2023 to meet Nasdaq minimum bid
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- Reverse split ratio 1:10; each 10 pre-split shares become 1 post-split share.
- Effective 12:01 a.m. ET on Nov 2, 2023; trading on split-adjusted basis under TNON.
- Approved by stockholders at Sep 13, 2023 annual meeting; primary goal is to meet $1.00 minimum closing price for Nasdaq listing.
- No fractional shares; fractional amounts rounded up to one whole share; new CUSIP 88066N204.
- Vstock Transfer acting as exchange agent; stockholders need not take action; book-entry shares handled automatically.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560293/000121390023084331/0001213900-23-084331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560293/000121390023084331/ea187680-8k_tenonmed.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-084331

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer