Tenon Medical issues 858,269 new warrants at USD 5.02 exercise price after holder exercises existing warrants

• Tenon Medical closed a warrant inducement deal tied to the exercise of 572,179 outstanding warrants for USD 2.87 million gross proceeds.
• Exercising holder received new unregistered warrants for 858,269 shares at an exercise price of USD 5.02 per share.
• New warrants are immediately exercisable, expire five years from issuance.
• Company agreed to file an SEC registration statement covering resale of shares issuable upon exercise of the new warrants.

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