Tenon Medical, Inc. repaid in full its outstanding original issue discount senior convertible promissory notes with an aggregate principal balance of approximately $5.16 million ahead of their September 11, 2026 maturity date. The company stated this proactive repayment strengthens its balance sheet and eliminates potential dilution from converting the notes into common stock at a discount to market prices. Tenon Medical is a medical device company dedicated to transforming care for patients with certain sacro-pelvic disorders.
