Tenon settles arbitration with Key Medical and former consultant for $1.2M

Tenon Medical, Inc.

Pays $1,200,000 to Key Medical to resolve AAA Case No. 01-21-0016-3950 alleging breach of contract.
All claims and counterclaims dismissed with prejudice; no admission of liability.
Settlement relates to consulting/employment relationship that ended June 1, 2021.
Payment due within 3 business days of July 21, 2022.

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