Tenon Medical is trading at $8.15 (+53.77%) after repaying approximately $5.16 million in senior convertible notes due September 11, 2026.
- The repayment removes potential discounted share-conversion and dilution pressure while improving balance-sheet flexibility.
- Tenon Medical is extending its sharp rebound after September 10’s 117.21% gain.
- Recent FDA clearance, stronger surgical volume, and revenue growth provide supportive background.