TNON....early a.m runner on NR this a.m
Tenon Medical Announces Withdrawal of Public Offering of Common Stock
2023-09-12 05:07 ET - News Release
LOS GATOS, CA / ACCESSWIRE / September 12, 2023 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ:TNON), a company transforming care for patients suffering with certain sacroiliac joint disorders, today announced that it has withdrawn its proposed public offering of shares of its common stock.
Steven Foster, Chief Executive Officer of Tenon, commented "In the interest of achieving the best value for our stockholders, we made the decision to withdraw our recently announced public offering of common stock. We have a fiduciary responsibility to all our stakeholders and believe the value of our Company would not have been properly reflected in the proposed offering of our common stock."