---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-016218"
form_type: "8-K"
ticker: "TNON"
cik: "0001560293"
company_name: "Tenon Medical, Inc."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T19:14:50.348684+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tenon Medical raises $2.6M gross in Series A Preferred, retires $1.25M debt

## Summary
- Gross proceeds of ~$2.6M from sale of 172,239 Series A Preferred shares at $15.125/unit and 258,374 warrants.
- Exchanged $1.25M secured notes plus accrued interest for 84,729 Preferred shares and 157,094 warrants, fully repaying the notes.
- Preferred Stock convertible at $1.5125/share; warrants exercisable at $1.2705/share with 5-year term.
- Proceeds allocated to growth investments, working capital, and general corporate purposes.
- No dividends on Series A; voting capped at 9.99%; anti-dilution provision requires stockholder approval.

## SEC filing metadata
- accession: 0001213900-24-016218
- form_type: 8-K
- ticker: TNON
- cik: 0001560293
- company_name: Tenon Medical, Inc.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560293/000121390024016218/0001213900-24-016218-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560293/000121390024016218/ea0200461-8k_tenonmed.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-016218
- JSON: https://secwatch.observer/filing/0001213900-24-016218.json
- Plain text: https://secwatch.observer/filing/0001213900-24-016218.txt

## Key facts
- Material Agreements
  Tenon Medical, Inc. entered into Securities Purchase Agreement with certain investors valued at $2,605,000 (effective 2024-02-20).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain investors
  - Value: $2,605,000
  - Effective: 2024-02-20
  source text: On February 20, 2024 (the “Closing Date”), Tenon Medical, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain investors (the “Investors”), pursuant to which the Company agreed to sell, issue and deliver to the Investors, in a private placement offering (the “Offering”), a total of 172,239 shares of the Company’s Series A Preferred Stock (the “Series A Preferred Stock”) and warrants (the “Warrants”) to purchase 258,374 shares of common stock, par value $0.001 per share, of the Company (“Common Stock”) at an exercise price equal to $1.2705 per share for an aggregate offering price of $2,605,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560293/000121390024016218/0001213900-24-016218-index.htm

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