Why Tenon Medical Shares Are Down 50%
Why Tenon Medical Shares Are Down 50%
Tenon Medical Inc (NASDAQ:TNON) shares are trading lower by 54.85% to $0.28 Wednesday afternoon after it priced its public offering of $5.6 million at $0.56 per unit.
天能医疗公司 纳斯达克股票代码：TNON）周三下午股价下跌54.85％，至0.28美元，此前该公司将其560万美元的公开发行定价为每单位0.56美元。
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The units are priced at $0.56 each in the public offering, with immediate exercisability of warrants at the same price and a five-year expiration. The common stock and warrants are offered together but issued separately and become separable immediately upon issuance.
在公开发行中，每套认股权证的定价为0.56美元，可以立即以相同的价格行使，有效期为五年。普通股和认股权证一起发行，但分开发行，发行后立即分离。
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The expected gross proceeds are approximately $5.6 million, and the warrants will trade on Nasdaq starting June 15, 2023, under the symbol "TNONW". The offering is scheduled to close on June 16, 2023, subject to customary conditions.
预计总收益约为560万美元，认股权证将从2023年6月15日开始在纳斯达克上市，代码为 “TNONW”。本次发行计划于2023年6月16日结束，但须遵守惯例条件。
According to data from Benzinga Pro, TNON has a 52-week high of $3.45 and a 52-week low of $0.25.
根据Benzinga Pro的数据，TNON创下52周高点3.45美元，创52周低点0.25美元。