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Stock impact report

Tenon Medical, Inc. Announces Closing of $16,000,000 Initial Public Offering

Tenon Medical, Inc. (TNON) 
Company Research Source: Accesswire
LOS GATOS, CA / ACCESSWIRE / April 29, 2022 / Tenon Medical, Inc. ("Tenon" or the "Company"), a medical device company that has developed a proprietary, U.S. Food and Drug Administration ("FDA") cleared surgical implant system for sacroiliac joint ("SI Joint") fixation/fusion surgery, today announced the closing of its initial public offering of 3,200,000 Shares of common stock at a price of $5.00 per share, for aggregate gross proceeds of $16.0 million, which does not include deductions for underwriting discounts, commissions, and offering expenses.The shares are listed for trading on the Nasdaq Capital Market under the ticker symbol "TNON."The Benchmark Company, LLC and Valuable Capital Limited acted as underwriters for the offering.The offering was made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained from: The Benchmark Company, LLC, Attn: Prospectus Department, 150 E. 58th Street, 17th floor, New York, NY 10155 or by calling 21 Show less Read more
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