secwatch.observer — SEC 8-K summary
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Issuer:     Tenon Medical, Inc. (TNON)
CIK:        0001560293
Form:       8-K
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0001213900-23-090625
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tenon Medical raises $1.125M net via 10% secured notes and warrants
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- Sold $1.25M in secured notes (10% interest, due Nov 21, 2024) with warrants for 45,000 shares at $1.94.
- Net proceeds of $1.125M after investor expenses; notes secured by first-priority lien on all assets.
- Warrants exercisable immediately for five years, include cashless exercise and anti-dilution provisions.
- Proceeds to be used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560293/000121390023090625/0001213900-23-090625-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560293/000121390023090625/ea189166-8k_tenonmed.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-090625

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