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July 25 2024 - 4:05PM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
July 23, 2024
TENON MEDICAL, INC.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-41364 |
|
45-5574718 |
(State or other jurisdiction |
|
(Commission File Number) |
|
(IRS Employer |
of incorporation) |
|
|
|
Identification No.) |
104 Cooper Court |
|
|
Los Gatos, CA |
|
95032 |
(Address of principal executive offices) |
|
(Zip Code) |
(408) 649-5760
(Registrant’s telephone number, including
area code)
N/A
(Former name or former address, if changed since
last report.)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
Common Stock, par value $0.001 per share |
|
TNON |
|
The Nasdaq Stock Market LLC |
Warrants |
|
TNONW |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.07 Submission
of Matters to a Vote of Security Holders.
On July 23, 2024, Tenon
Medical, Inc., a Delaware corporation (the “Company”), held its virtual 2024 Annual Stockholders Meeting (the “Meeting”).
As of the close of business
on June 3, 2024, the record date for the determination of stockholders entitled to vote at the Meeting, there were 6,348,000 shares
of the Company’s common stock, par value $0.001 per share, issued and outstanding, with each share entitled to one vote on each
proposal at the Meeting. At the Meeting, the combined holders of 3,639,345 shares of the voting stock entitled to notice of and to vote
at the Meeting were represented in person or by proxy, representing approximately 57.33% of the outstanding voting shares, and thereby
a quorum pursuant to the Delaware General Corporation Law and the bylaws of the Company was present for the transaction of business at
the Meeting.
The final results for
each of the matters considered at the Meeting were as follows:
| 1. | Election of the seven nominees
to the Board of Directors of the Company: |
Name |
|
Votes For |
|
Withheld |
|
Broker Non-Votes |
Richard Ferrari |
|
2,401,226 |
|
35,492 |
|
1,202,627 |
Steven Foster |
|
2,414,743 |
|
21,975 |
|
1,202,627 |
Richard Ginn |
|
2,406,883 |
|
29,835 |
|
1,202,627 |
Stephen Hochschuler, MD |
|
2,412,845 |
|
23,873 |
|
1,202,627 |
Ivan Howard |
|
2,384,482 |
|
52,236 |
|
1,202,627 |
Kristine Jacques |
|
2,416,095 |
|
20,623 |
|
1,202,627 |
Robert Weigle |
|
2,383,773 |
|
52,945 |
|
1,202,627 |
Each director nominee
was elected to serve as a director until the Company’s 2025 annual meeting of stockholders, or until such person’s successor
is duly elected and qualified, or until such person’s earlier resignation, death or removal. Due to the fact that directors are
elected by a plurality of the votes cast, votes could only be cast in favor of or withheld from the nominees and thus votes against were
not applicable.
| 2. | Approval of the
terms of (i) our Series B Preferred Stock, (ii) the warrants to be issued on the issuance date of our Series B Preferred Stock and (iii)
the amendment to the terms of our Series A Preferred Stock to decrease the amount of the conversion price thereof, in each case, to comply
with Listing Rule 5635(d) of The Nasdaq Stock Market LLC: |
Votes For |
|
Votes Against |
|
Abstentions |
|
Broker Non-Votes |
2,391,579 |
|
45,130 |
|
8 |
|
1,202,628 |
The affirmative vote
of the holders of a majority of the shares represented at the Meeting and entitled to vote was required for approval. The proposal was
approved.
| 3. | Approval of amendments
to the Tenon Medical, Inc. 2022 Equity Incentive Plan (the “2022 Plan”) to (i) increase the total number of shares of the
Company’s common stock subject to the 2022 Plan by 1,100,000 shares and (ii) permit the issuance of equity awards to individuals
and legal entities: |
Votes For |
|
Votes Against |
|
Abstentions |
|
Broker Non-Votes |
2,318,386 |
|
117,137 |
|
1,195 |
|
1,202,627 |
The affirmative vote
of the holders of a majority of the shares represented at the Meeting and entitled to vote was required for approval. The proposal was
approved.
| 4. | Ratification of the selection by the Board of Directors
of the Company of Haskell & White LLP as its independent
auditor for the fiscal year ending December 31, 2024: |
Votes For |
|
Votes Against |
|
Abstentions |
3,609,093 |
|
11,604 |
|
18,648 |
The affirmative vote
of the holders of a majority of the shares represented at the Meeting and entitled to vote was required for approval. The proposal was
approved.
|
5. |
Approval of adjourning the Meeting, if necessary, to solicit additional proxies in the event there are not sufficient votes in favor of the proposals listed above at the time of the Meeting: |
Votes For |
|
Votes Against |
|
Abstentions |
2,720,153 |
|
141,255 |
|
777,935 |
The affirmative vote of the
holders of a majority of the shares represented at the Meeting and entitled to vote was required for approval. The proposal was approved.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 25, 2024 |
Tenon Medical, Inc. |
|
|
|
|
By: |
/s/ Steven M. Foster |
|
Name: |
Steven M. Foster |
|
Title: |
Chief Executive Officer and President |
2
v3.24.2
Cover
|
Jul. 23, 2024 |
Document Type |
8-K
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Amendment Flag |
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Document Period End Date |
Jul. 23, 2024
|
Entity File Number |
001-41364
|
Entity Registrant Name |
TENON MEDICAL, INC.
|
Entity Central Index Key |
0001560293
|
Entity Tax Identification Number |
45-5574718
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
104 Cooper Court
|
Entity Address, City or Town |
Los Gatos
|
Entity Address, State or Province |
CA
|
Entity Address, Postal Zip Code |
95032
|
City Area Code |
408
|
Local Phone Number |
649-5760
|
Written Communications |
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Soliciting Material |
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Pre-commencement Tender Offer |
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Pre-commencement Issuer Tender Offer |
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Entity Emerging Growth Company |
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Elected Not To Use the Extended Transition Period |
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Common Stock, par value $0.001 per share |
|
Title of 12(b) Security |
Common Stock, par value $0.001 per share
|
Trading Symbol |
TNON
|
Security Exchange Name |
NASDAQ
|
Warrants |
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Title of 12(b) Security |
Warrants
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Trading Symbol |
TNONW
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Security Exchange Name |
NASDAQ
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