Tenon Medical executes 1-for-35 reverse stock split effective Aug. 10
TNON•Reverse stock split effective Aug. 10
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.
