Tenon Medical, Inc. Warrant (TNONW)

• Market cap: $56.8K
• 1 day: -8.12%
• 5 days: 5.23%
• 1 month: -26.72%
• 3 months: -9.50%
• 6 months: 9.04%
• Year to date: -9.05%
• 1 year: -54.86%
• 5 years: -81.90%
• 10 years: -81.90%
• Sector: Healthcare
• Industry: Medical Devices

About: Tenon Medical Inc is a medical device company that has developed a novel, minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.

Employees: 27

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

57% more capital invested

Capital invested by funds: $106K [Q4 2024] → $166K (+$60.6K) [Q1 2025]

0% more funds holding

Funds holding: 8 [Q4 2024] → 8 (+0) [Q1 2025]

5.87% less ownership

Funds ownership: 264.42% [Q4 2024] → 258.55% (-5.87%) [Q1 2025]

25% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 4