Tenon Medical regains Nasdaq compliance after shares hold above $1 minimum bid price
TNON•Nasdaq compliance restored
Tenon Medical regained compliance with Nasdaq’s $1 minimum bid price rule, removing a listing risk tied to sub-$1 closes.
Nasdaq closed the matter on Aug. 24, following 10 straight sessions at or above $1 from Aug. 10 to Aug. 21.
The compliance window followed a 1-for-35 reverse stock split that took effect Aug. 10.
