Tenon Medical Repays $5.16M Convertible Notes Early

What Happened
Tenon Medical, Inc. announced in an 8-K (filed Sept. 9, 2026) that it repaid in full its outstanding original-issue discount senior convertible promissory notes, which had an aggregate principal balance of approximately $5.16 million. The repayment occurred on September 9, 2026, ahead of the notes’ scheduled maturity date of September 11, 2026. A press release announcing the repayment was attached as Exhibit 99.1 to the filing.

Key Details

• Repayment date: September 9, 2026 (two days before maturity).
• Aggregate principal repaid: approximately $5.16 million.
• Instrument repaid: original-issue discount senior convertible promissory notes (senior, convertible).
• Press release attached to the 8-K as Exhibit 99.1.

Why It Matters
This action eliminates the company’s outstanding obligation under these convertible notes (≈$5.16M) and prevents them from reaching their September 11, 2026 maturity. For investors, that means one source of debt/capital market obligation has been removed from Tenon’s balance sheet. The filing does not disclose the source of funds used for repayment or other follow-on financing, so investors should monitor future disclosures or the company’s financial statements for any liquidity or capital-structure impacts.