Levi & Korsinsky, LLP is reminding shareholders of Tenax Therapeutics, Inc. (NASDAQ: TENX) that a lead plaintiff deadline of December 28, 2026, is approaching for a pending securities class action lawsuit. The lawsuit covers shares acquired between November 13, 2023, and August 7, 2026, alleging that Tenax made misleading statements regarding the efficacy and prospects of its drug TNX-103, particularly concerning its Phase 3 LEVEL study which ultimately failed to meet its primary endpoint. Investors who purchased shares during this period may be eligible to recover losses and are encouraged to contact Levi & Korsinsky for an assessment.
Original sourceTENXNASDAQHealthcare
TENAX THERAPEUTICS INC
Public company snapshot, recent ticker-linked headlines, and a path into evidence-backed AI research.
Latest price
$1.69
+3.68%
Alpha Vantage · 11/6/2026
Industry: BiotechnologyCategory: Domestic Common StockCurrency: USDNews: 1 recent
Analyze TENX free One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
-9.1%
3 months
+22.9%
6 months
-85.5%
1 year
-75.6%
Year to date
-86.1%
52-week range
$1.36 – $18.32
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$77M
P/E
-1.2
P/B
0.7
P/S
—
Revenue
$0
Net income
-$65.76M
Diluted EPS
-1.39
Gross margin
—
Net margin
—
Return on equity
-60.60%
Total debt
$0
Cash
$113.73M
Free cash flow
-$49.35M
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $0 | -$16.7M | — | — | -$12.48M |
| Jun 30, 2026 | $0 | -$17.8M | — | — | -$14.15M |
| Mar 31, 2026 | $0 | -$15.72M | — | — | -$9.31M |
| Dec 31, 2025 | $0 | -$15.54M | — | — | -$13.42M |
| Sep 30, 2025 | $0 | -$15.8M | — | — | -$9.16M |
| Jun 30, 2025 | $0 | -$10.85M | — | — | -$6.26M |
| Mar 31, 2025 | $0 | -$10.41M | — | — | -$6.97M |
| Dec 31, 2024 | $0 | -$6.27M | — | — | -$3.53M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
Recent TENX news
All market newsPR Newswire·67 signal
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of December 28, 2026 in Tenax Therapeutics, Inc. Lawsuit - TENX