Tenon Medical Faces Delisting, Transfer of Listing
Ticker: TNONW · Form: 8-K · Filed: Sep 11, 2024 · CIK: 1560293
| Field | Detail |
|---|---|
| Company | Tenon Medical, Inc. (TNONW) |
| Form Type | 8-K |
| Filed Date | Sep 11, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-transfer, compliance
Related Tickers: TNON
TL;DR
Tenon Medical's stock is being delisted from NYSE American.
AI Summary
Tenon Medical, Inc. filed an 8-K on September 11, 2024, to report a notice of delisting or failure to satisfy a continued listing rule. The company's common stock was previously suspended from trading on the NYSE American, and the filing indicates a transfer of listing is occurring.
Why It Matters
This filing signals significant financial distress or operational issues for Tenon Medical, potentially impacting its ability to raise capital and its stock value.
Risk Assessment
Risk Level: high — The company is facing delisting from a major stock exchange, indicating severe financial or operational difficulties.
Key Players & Entities
- Tenon Medical, Inc. (company) — Registrant
- September 9, 2024 (date) — Earliest event reported
- September 11, 2024 (date) — Filing date
- NYSE American (company) — Stock exchange
FAQ
What specific rule or standard has Tenon Medical failed to satisfy, leading to the notice of delisting?
The filing states it is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing' but does not specify the exact rule in the provided text.
When was the company's common stock previously suspended from trading on the NYSE American?
The filing indicates the common stock was previously suspended from trading on the NYSE American, but the exact date of suspension is not provided in this excerpt.
What is the new exchange or venue for the transfer of listing?
The filing mentions a 'Transfer of Listing' but does not specify the destination exchange or venue in the provided text.
What is the principal executive office address for Tenon Medical, Inc.?
The principal executive offices are located at 104 Cooper Court, Los Gatos, CA 95032.
What is the Commission File Number for Tenon Medical, Inc.?
The Commission File Number for Tenon Medical, Inc. is 001-41364.
Filing Stats: 588 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-09-11 11:01:18
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share TNON The Nasdaq Stock Mar
Filing Documents
- ea0214188-8k_tenon.htm (8-K) — 29KB
- 0001213900-24-077584.txt ( ) — 240KB
- tnon-20240909.xsd (EX-101.SCH) — 4KB
- tnon-20240909_def.xml (EX-101.DEF) — 26KB
- tnon-20240909_lab.xml (EX-101.LAB) — 36KB
- tnon-20240909_pre.xml (EX-101.PRE) — 25KB
- ea0214188-8k_tenon_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 11, 2024 TENON MEDICAL, INC. By: /s/ Steven M. Foster Name: Steven M. Foster Title: Chief Executive Officer and President 2