Fundraising Fox

Tenax Therapeutics

NASDAQ: TENX

Chapel Hill, US · Delaware corporation · 1 known investors

Tenax Therapeutics is a clinical-stage pharmaceutical company developing TNX-103, an oral formulation of the drug levosimendan, to treat pulmonary hypertension resulting from heart failure with preserved ejection fraction (PH-HFpEF). The company focuses on this cardiovascular and pulmonary disease, which currently has no approved treatments.

Founders & leadership

SRStuart Rich
Stuart RichChief Medical Officer
LR
Lawrence R. HoffmaninInterim Chief Financial Officer
MB
Michael B. JebsenExecutive
CGChris Giordano
Chris GiordanoinPresident and Chief Executive Officer
DRDoug Randall
Doug RandallinChief Business Officer
TSTom Staab
Tom StaabinChief Financial Officer
THTim Healey
Tim HealeyinChief Commercial Officer
DHDouglas Hay
Douglas HayinEVP of Regulatory Affairs
SK
So-Young KiminExecutive Vice President of Clinical Development and Strategy
GP
Gregory PepinNamed on SEC filing
JM
James MitchumNamed on SEC filing
AD
Anthony DiTonnoNamed on SEC filing

Investors · 1

Reported raises · per SEC filings

Form D private placements

$123.2M disclosed across 5 rounds · 2020–2024

$99.7MraisedAug 2024 · 24 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael DavidsonDirector
  • Stuart RichExecutive Officer, Director
  • Lawrence R. HoffmanExecutive Officer
  • Christopher T. GiordanoExecutive Officer, Director
  • Declan DooganDirector
  • June AlmenoffDirector
  • Robyn M. HunterDirector
  • Gerald T. ProehlDirector
Offering amount
$175M
Amount sold
$99.7M
Sales commissions
$6.8M
Placement agents
Leerink Partners LLC, Guggenheim Securities, LLC, Roth Capital Partners, LLC, William Blair & Company, L.L.C.
First sale
Aug 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8MraisedJun 2022 · 1 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Keith MaherDirector
  • Robyn HunterDirector
  • Michael DavidsonDirector
  • Christopher T. GiordanoExecutive Officer, Director
  • Steven BoydDirector
  • Declan DooganDirector
  • Eliot LurierExecutive Officer
  • Gerald ProehlDirector
  • June AlmenoffDirector
  • Stuart RichExecutive Officer, Director
Offering amount
$8M
Amount sold
$8M
First sale
May 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10MraisedJul 2021 · 1 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael JebsenExecutive Officer
Offering amount
$10M
Amount sold
$10M
Sales commissions
$750K
Placement agents
H.C. Wainwright & Co., LLC
First sale
Jul 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.2MraisedJul 2020 · 1 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael B. JebsenExecutive Officer
  • James MitchumDirector
  • Chris A. RallisDirector
  • Ronald R. BlanckDirector
  • Gerald ProehlDirector
  • Gregory PepinDirector
  • Anthony DiTonnoDirector, Executive Officer
Offering amount
$5.2M
Amount sold
$5.2M
Sales commissions
$1.4M
Placement agents
H.C. Wainwright & Co., LLC, Ladenburg Thalmann & Co. Inc.
First sale
Jul 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$317.2KraisedMar 2020 · 1 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael B. JebsenExecutive Officer
  • Ronald R. BlanckDirector
  • Gregory PepinDirector
  • James MitchumDirector
  • Chris A. RallisDirector
  • Gerald ProehlDirector
  • Anthony DiTonnoDirector, Executive Officer
Offering amount
$317.2K
Amount sold
$317.2K
Sales commissions
$206K
Placement agents
H.C. Wainwright & Co., LLC
First sale
Mar 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

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In the news

Frequently asked questions

What does Tenax Therapeutics do?
Tenax Therapeutics is a clinical-stage pharmaceutical company developing TNX-103, an oral formulation of the drug levosimendan, to treat pulmonary hypertension resulting from heart failure with preserved ejection fraction (PH-HFpEF). The company focuses on this cardiovascular and pulmonary disease, which currently has no approved treatments.
Who are Tenax Therapeutics's investors?
Tenax Therapeutics's investors include Vivo Capital.
How much funding has Tenax Therapeutics raised?
Tenax Therapeutics has disclosed $123.2M raised across 5 rounds.
Where is Tenax Therapeutics headquartered?
Tenax Therapeutics is headquartered in Chapel Hill, US.