regulatory
confidence high
sentiment positive
materiality 0.50
Tenon Medical regains Nasdaq bid price compliance after 1-for-35 reverse split
Tenon Medical, Inc.
- Nasdaq Staff notified Tenon on Aug 24, 2026 it regained compliance with minimum bid price rule 5550(a)(2); matter closed.
- Deficiency originated Feb 25, 2026 when bid price was below $1.00 for 30 consecutive business days.
- 1-for-35 reverse split effective Aug 10, 2026; bid price held at or above $1.00 for 10 straight days through Aug 21.
- Common stock continues trading on Nasdaq Capital Market under symbol TNON.