Current Report · Items 3.01 · 8-K
TELA Bio, Inc.
TELANASDAQEQUITYCurrent
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed, on March 17, 2026, TELA Bio, Inc. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the listing of its common stock was not in compliance with Nasdaq List…
Filed Sep 18, 2026Accepted Sep 18, 2026, 4:05 PM EDTCIK 1561921Accession 0001104659-26-108935
Company context
TELA Bio, Inc. (NASDAQ: TELA) is a commercial-stage medical technology company focused on providing innovative technologies that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's own anatomy. The Company is committed to providing surgeons with advanced, economically effective soft-tissue reconstruction solutions that leverage the patient's natural healing response while minimizing long-term exposure to permanent synthetic materials. For more information, visit www.telabio.com.
Current securities
Registered securities in this filing
TELA Bio, Inc. · 8-K · Filed 2026-09-18
As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.
Common Stock, par value $0.001 per share
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Filing context
Context: AsOf2026-09-15
Dimensions: Not supplied
Accession 000110465926108935 · 1 registered-security cover member
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Items 3.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 3.01Item 3.01 - Notice of Delisting
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As previously disclosed, on March 17, 2026, TELA Bio, Inc. (the “Company”)
received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”)
notifying the Company that the listing of its common stock was not in compliance with Nasdaq Listing Rule 5450(a)(1) for continued listing
on The Nasdaq Global Market, as the minimum bid price of the Company’s common stock was less than $1.00 per share for the previous
30 consecutive business days (the “Minimum Bid Price Requirement”). As the Company did not regain compliance
with the Minimum Bid Price Requirement within the 180-calendar day grace period set forth by Nasdaq Listing Rule 5810(c)(3)(A), by September
14, 2026, the Staff notified the Company by letter dated September 15, 2026, that the Company’s listed security is subject to delisting
from Nasdaq unless the Company timely requests a hearing before a Nasdaq Hearings Panel (the “Panel”).
Accordingly, the Company intends to timely request a hearing before
the Panel. At such hearing, the Company intends to submit a plan to regain compliance with the Minimum Bid Price Requirement and demonstrate
its ability to sustain long term compliance with all applicable continued listing requirements. The hearing request will automatically
stay any suspension or delisting of the Company’s listed security and, as a result, the Company expects that its common stock will
continue to be listed and traded on Nasdaq pending the conclusion of the hearings process.
Pursuant to Nasdaq Listing Rule 5810(c)(3)(H), in order to regain compliance
with the Minimum Bid Price Requirement, the closing minimum bid price of the Company’s common stock must be at least $1.00 per share
for at least 10 consecutive business days and up to 20 consecutive business days, at the Staff’s or Panel’s discretion. In
that regard, on September 14, 2026, the Company filed a proxy statement seeking approval by its stockholders to effect a reverse stock
split of the Company’s outstanding common stock at a ratio ranging from 1-for-5 and 1-for-15 in order to regain compliance with
the Minimum Bid Price Requirement. The special meeting is to be held on October 8, 2026, and the Company cannot assure you such proposal
will be approved by the stockholders at the special meeting.
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K (this “Current Report”)
contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended, which statements are subject to considerable risks and uncertainties. The Company
intends such forward-looking statements to be covered by the safe harbor provisions contained in the Private Securities Litigation Reform
Act of 1995. All statements other than statements of historical facts included in this Current Report, including statements about the
Company’s beliefs and expectations, are “forward-looking statements” and should be evaluated as such. Forward-looking
statements may be identified by words such as “anticipates,” “believes,” “estimates,” “expects,”
“intends,” “may,” “plans,” “projects,” “seeks,” “should,” “suggest,”
“will,” and similar expressions. Forward-looking statements in this Current Report include, without limitation, statements
regarding the Company’s ability to regain or maintain compliance with the Minimum Bid Price Requirement. The Company has based these
forward-looking statements on its current expectations and projections about future events. Forward-looking statements are subject to
and involve risks, uncertainties, and assumptions that may cause the Company’s actual results, performance or achievements to be
materially different from any future results, performance or achievements predicted, assumed or implied by such forward-looking statements,
including, without limitation, risks, uncertainties and assumptions related to the trading price of the Common Stock, as well as the risks
disclosed under Item 1A, “