{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-072781","form_type":"8-K","ticker":"TNON","cik":"0001560293","company_name":"Tenon Medical, Inc.","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.349711+00:00","generated_at":"2026-05-17T17:33:12.741940+00:00","sec_items":["1.01","2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Tenon Medical acquires SiVantage and SIMPL Medical assets, hires former SiVantage founders as executives","bullets":["Acquired substantially all assets of SiVantage (SImmetry) and SIMPL Medical on Aug 1, 2025, for cash, stock, and royalties.","SImmetry consideration includes $750K cash, 710,300 shares (473,533 pledged for 1 year), royalty 15%/10% over 5 years (cap $5M), up to $1.3M deferred cash, and earnout shares.","SIMPL consideration: 30% royalty on net revenue for 5 years (20% after aggregate exceeds $20M); optional stock payment up to 33.3% of quarterly royalty.","Wyatt Geist named Chief Innovation Officer, Nate Grawey named Chief Commercial Officer; each gets $290K base salary and 138,114 restricted shares.","Portfolio now includes SImmetry, SImmetry+, and SIMPL products, making Tenon a multi-approach sacro-pelvic fusion company."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-072781","json":"https://secwatch.observer/filing/0001213900-25-072781.json","markdown":"https://secwatch.observer/filing/0001213900-25-072781.md","text":"https://secwatch.observer/filing/0001213900-25-072781.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560293/000121390025072781/0001213900-25-072781-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560293/000121390025072781/ea0252007-8k_tenon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T17:33:12.741940+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6bd147e6ecdb2f31655ae2c3d489f6642feb822f","claim":"Tenon Medical, Inc. completed an acquisition involving SiVantage, Inc. (closed 2025-08-01).","evidence_excerpt":"On August 1, 2025 (the “SI Closing Date”), Tenon Medical, Inc. (the “Company”), entered into an asset purchase agreement (the “SI APA”) by and between the Company and SiVantage, Inc., a Delaware corporation (“SI”), pursuant to which the Company acquired substantially all of the assets of SI (the “SImmetry Business”)","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560293/000121390025072781/0001213900-25-072781-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"SiVantage, Inc."},{"label":"Closing","value":"2025-08-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}