Tenon Medical Announces 1:8 Reverse Split Page 1

LOS GATOS, CA / ACCESSWIRE / September 4, 2024 / Tenon Medical, Inc. (“Tenon” or the “Company”) (NASDAQ:TNON), a company transforming the care of patients with certain sacroiliac joint disorders, today announced a 1:8 reverse stock split of the Company’s issued and outstanding common stock.

The reverse stock split will become effective at 12:01 a.m. Eastern Time on September 6, 2024, prior to the start of trading on The Nasdaq Capital Market. At that time, every 8 shares of issued and outstanding common stock will be converted into one share of common stock. The Company’s common stock is expected to begin trading on a split-adjusted basis when the markets open on September 6, 2024, under the existing trading symbol “TNON.” The new CUSIP number for the Company’s common stock following the reverse stock split will be 88066N303.