secwatch.observer — SEC 8-K summary
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Issuer:     Tenon Medical, Inc. (TNON)
CIK:        0001560293
Form:       8-K/A
Filed at:   2024-09-10T23:59:59+00:00
Accession:  0001213900-24-077047
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tenon Medical raises $550K via Series B preferred and warrant private placement
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- Sold 86,454 Series B Preferred shares and warrants for 16,214 common shares at $4.2756, raising $550K.
- Series B Preferred convertible at holder's option at $5.09 per share, with weighted-average anti-dilution.
- Company must file resale registration statement for underlying common shares within 120 days of closing.
- Amendment to Series A Preferred Certificate makes Series B pari passu and aligns conversion price with Series B.
- Preferred stock votes with common but capped at 9.99% per holder; no dividends payable.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560293/000121390024077047/0001213900-24-077047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560293/000121390024077047/ea0213998-8ka1_tenon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-077047

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