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Tenon Medical repays $5.16 million senior convertible notes ahead of maturity - TNON News | Rallies

Tenon Medical repays $5.16 million senior convertible notes ahead of maturity

TNON•2026-09-09

Tenon Medical repays convertible notes ahead of maturity

Tenon Medical repaid in full its original issue discount senior convertible promissory notes ahead of the Sept. 11, 2026 maturity.
Notes carried an aggregate principal balance of about $5.16 million.
Debt was issued on March 11, 2026.
Move removes the risk of conversion into common stock at a discount to market prices.

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