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Pay the Notes or Watch Them Convert at a Discount. Tenon Paid.
Nasdaq 11 Sep · 19:00

Pay the Notes or Watch Them Convert at a Discount. Tenon Paid.

The convertible debt could turn into shares at 20% below market — diluting every existing holder. Tenon cleared the $5.16 million balance two days early. The stock more than doubled on the day those notes would have matured.

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