secwatch.observer — SEC 8-K summary
======================================

Issuer:     Tenon Medical, Inc. (TNON)
CIK:        0001560293
Form:       8-K/A
Filed at:   2026-08-26T19:30:22+00:00
Accession:  0001213900-26-093926
Event type: debt
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tenon Medical issues $5.16M principal 20% OID convertible notes for $4.3M gross proceeds
--------------------------------------------------------------------------------

- $5.16M principal 20% Original Issue Discount Senior Convertible Notes, gross proceeds ~$4.3M, maturity 9/11/2026.
- Conversion price equal to 80% of 3-day VWAP after six months, subject to adjustment.
- Prepayment at 102.5% of principal; mandatory prepayment of 15% of net proceeds from any securities financing.
- WallachBeth Capital acted as placement agent; 7% cash fee plus $65,000 expense reimbursement.
- 8-K/A corrects aggregate principal from $4.3M to $5.16M; offering exempt under Reg D/Sec. 4(a)(2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560293/000121390026093926/0001213900-26-093926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560293/000121390026093926/ea0303435-8ka1_tenon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-093926

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