TELA Bio holds special stockholder meeting
TELA•TELA Bio stockholders approved an amendment authorizing a potential reverse stock split in a range of 1-for-5 to 1-for-15. The board can set the final ratio, but the company does not plan to execute the split now.
1. Split authorization approved
TELA Bio held a special stockholder meeting on Oct. 8, 2026. Stockholders adopted an amendment to the certificate of incorporation authorizing a potential reverse stock split within a 1-for-5 to 1-for-15 range; the board has discretion to set the final ratio, and the company does not plan to execute the split now.
2. Adjournment authorized
Stockholders also authorized an adjournment if needed to solicit additional votes for the reverse-split authorization.
