Tenon Medical Secures $2.85 Million in Stock Offering
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Tenon Medical, Inc. raised $2.85 million through a stock offering, issuing 2,217,904 shares and warrants. The funds will support working capital, corporate purposes, and growth strategies. The offering closed on November 14, 2025. Analysts rate TNON stock as a Buy with a $2.50 price target, but TipRanks' AI Analyst rates it Neutral due to profitability and cash flow challenges. Tenon Medical specializes in sacro-pelvic disorder solutions, with their flagship product being the Catamaran SI Joint Fusion System.
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