What is TNON's dilution risk score?

TNON has a latest available DilutionScore record of 100/100, categorized as critical dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for TNON, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for TNON?

DilutionWatch tracks 25 SEC filing types for TNON including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect TNON shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For TNON, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for TNON tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for TNON. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

TNON Dilution Risk Score: 100/100

Score Breakdown

📋 Offering Ability

100

💰 Cash Runway

📊Float Risk—

⚠️ Warrant Exposure

🔄 Convertible Debt

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, 5031% 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: 300% of shares outstanding

• Warrant risk score very high (90/100)

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Market Data

Market Cap$1.99M

Shares Outstanding667.0K

FloatN/A

Cash$2.17M

Debt$4.88M

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	100/100	DilutionWatch score record
Shares Outstanding	667.0K	Verified float table or market cache
Public Float	Not available	Verified float table or market cache
Market Cap	$1.99M	Market data cache
Cash Runway	2.3 months	DilutionWatch score inputs
Shelf Capacity	$100.00M	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	2.00M	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 7.

Recent SEC source mix: 3 1, 4 3, 8-K 1, XBRL 2.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

1.7% institutional ownership

Source: Yahoo Finance · Detailed 13F holder data available for tracked tickers

🔔 Track TNON for full holder detail →

Short Interest

Short Interest60.8K

Days to Cover1.0

% of FloatN/A

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-08-13

xbrl XBRL CONVERTIBLE 2025-03-26

3 FORM3 2026-10-09

8-K 8K EVENT 2026-09-16

4 INSIDER TRANSACTION 2026-09-11

Full SEC filing analysis available with free account →

Recent News

Tenon(R) Medical Announces Full Commercial Launch of the SImmetry(R)+ SI Joint Fusion 3D P ACCESS Newswire · Sep 30, 2026

WallachBeth Capital Announces Closing of Tenon Medical Warrant Inducement Offering for Agg PR Newswire · Sep 14, 2026

Tenon Medical Announces Closing of Warrant Inducement Offering for Aggregate Gross Proceed ACCESS Newswire · Sep 14, 2026

WallachBeth Capital Announces Tenon Medical Warrant Inducement for Gross Proceeds of Appro PR Newswire · Sep 11, 2026

Tenon Medical Announces Warrant Inducement for Aggregate Gross Proceeds of Approximately $ ACCESS Newswire · Sep 11, 2026

Tenon Medical Announces Early Repayment of Its Convertible Notes ACCESS Newswire · Sep 09, 2026

Tenon Medical Announces Closing of $3M Private Placement Offering ACCESS Newswire · Aug 31, 2026

WallachBeth Capital Announces Tenon Medical Pricing of $3M Private Placement Offering PR Newswire · Aug 28, 2026

Factual TNON Dilution Snapshot

Tenon Medical, Inc. (TNON) has a DilutionScore of 100/100, rated Critical dilution risk. Score date: October 13, 2026.

Stored shelf registration capacity: $100.0M.
Stored outstanding warrants: 2.0M.
Recent SEC activity tracked for TNON: 3 on 2026-10-09; 8-K on 2026-09-16; 4 on 2026-09-11.
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.

DilutionScore History — Last 90 Days

TNON's DilutionScore is currently 100/100 (Critical risk), with 5 score changes tracked over 89 days. The score improved from 93/100 (Critical risk).

Period	Score	Risk Level	Duration
Oct 08 – Oct 13, 2026	100/100	CRITICAL	6 days
Aug 27 – Oct 07, 2026	93/100	CRITICAL	42 days
Aug 22 – Aug 26, 2026	87/100	CRITICAL	5 days
Aug 14 – Aug 21, 2026	74/100	HIGH	7 days
Jul 17 – Aug 13, 2026	75/100	HIGH	28 days
Jul 16, 2026	74/100	HIGH	1 day

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

TNON shares outstanding have increased 1.7% from 11.11M (Mar 2026) to 11.30M (Apr 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
Apr 03, 2026	11.30M	10.15M	▲ 0.47%
Mar 31, 2026	10.85M	10.10M	▲ 4.10%
Mar 27, 2026	10.85M	9.71M	▼ 0.27%
Mar 25, 2026	11.11M	9.73M	▲ 26.09%
Mar 09, 2026	11.11M	7.72M	▼ 0.01%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track TNON Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment TNON files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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→ Complete Dilution Guide for Retail Investors → Anti-Dilution Provisions Explained → Stock Dilution Red Flags to Watch → Understanding Shelf Registrations

Score Coverage Note

Float Risk is excluded because public-float data is unavailable.

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TNON — Tenon Medical, Inc. Dilution Risk Tracker