Tenon Medical executes 1-for-35 reverse stock split effective Aug. 10
Reuters2026/08/10 21:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Tenon Medical will execute a 1-for-35 reverse stock split, effective 12:01 a.m. ET on Aug. 10, 2026.
- Each 35 shares of common stock will convert into 1 share; trading is set to begin on a split-adjusted basis Aug. 10 under TNON.
- The move targets compliance with Nasdaq’s $1 minimum average closing price requirement for continued listing.
- No fractional shares will be issued; fractional entitlements will be rounded up to the next whole share.
- Post-split common stock CUSIP will be 88066N402.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tenon Medical Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-087352), on August 10, 2026, and is solely responsible for the information contained therein.
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