As of August 28, 2026, Tenon Medical, Inc. (TNON) has a DilutionWatch DilutionScore of 93/100, rated CRITICAL dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. Tenon Medical, Inc. has a market capitalization of $7.99M, 667.0K shares outstanding. Stored dilution-related fields include shelf registration capacity of $100.00M, 250.0K outstanding warrants.
This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.
Score Breakdown
📊Float Risk—
Dilution Forecast
⛈️
Warning
High probability of dilution event
model est. 70%
💰 Capital Raise
model 75%
• Critical: only 2.3 months cash remaining
• Active shelf registration ($100M, 1252% of market cap)
🔄 Reverse Split
model est. 70%
• 50-day avg $0.75 below $1 exchange minimum
• Only 2 months cash — financial pressure
📜 Warrant Exercise
model 60%
• Massive warrant overhang: 37% of shares outstanding
• Warrant risk score very high (90/100)
Market Data
Market Cap$7.99M
Shares Outstanding667.0K
FloatN/A
Cash$2.17M
Debt$4.88M
Short InterestN/A
Institutional Holdings
2.1% institutional ownership
Source: Yahoo Finance · Detailed 13F holder data available for tracked tickers
Short Interest
Short Interest223.4K
Days to Cover1.0
% of FloatN/A
FINRA data as of Jul 31, 2026
Recent SEC Activity
xbrl
XBRL WARRANT
2026-06-30
xbrl
XBRL CONVERTIBLE
2023-12-31
EFFECT
EFFECT
2026-08-18
S-3/A
SHELF
2026-08-17
SC 13G
BENEFICIAL OWNERSHIP
2026-08-14
Full SEC filing analysis available with free account
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Factual TNON Dilution Snapshot
Tenon Medical, Inc. (TNON) has a DilutionScore of 93/100, rated Critical dilution risk. Score date: August 28, 2026.
- Stored shelf registration capacity: $100.0M.
- Stored outstanding warrants: 250,000.
- Recent SEC activity tracked for TNON: EFFECT on 2026-08-18; S-3/A on 2026-08-17; SC 13G on 2026-08-14.
- Score coverage note: Float Risk is excluded because public-float data is unavailable.
This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.
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Score Coverage Note
- Float Risk is excluded because public-float data is unavailable.
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