Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On October 8, 2026, TELA Bio, Inc. (the “Company”) held a Special Meeting of Stockholders (the “Special Meeting”). As of September 8, 2026, the record date for the Special Meeting, there were 45,143,410 outstanding shares of the Company’s common stock, par value $0.001 per share.…
Filed Oct 8, 2026Accepted Oct 8, 2026, 4:05 PM EDTCIK 1561921Accession 0001104659-26-114695
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.
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Item 5.07Item 5.07 - Submission of Matters to Vote
Item 5.07 Submission of Matters to a Vote of Security Holders.
On October 8, 2026, TELA Bio, Inc. (the “Company”)
held a Special Meeting of Stockholders (the “Special Meeting”). As of September 8, 2026, the record date for
the Special Meeting, there were 45,143,410 outstanding shares of the Company’s common stock, par value $0.001 per share. The Special
Meeting was conducted virtually, and the following is a brief description of the final voting results for each of the proposals submitted
to a vote of the stockholders at the Special Meeting, which are described in detail in the Company’s Proxy Statement.
As previously reported by the Company on Current Form 8-K, on October
5, 2026, the Company received a letter from The Nasdaq Stock Market LLC stating that the Company has regained compliance with the minimum
bid price requirement for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(a)(1). As a result, the Company
does not intend to effect the reverse stock split at this time.
(a) Proposal
1 - Approval of an amendment to the Company’s Certificate of Incorporation to combine outstanding shares of the Company’s
common stock into a lesser number of outstanding shares by a ratio of not less than one-for-five and not more than one-for-fifteen, with
the exact ratio to be set within this range by the Board, in its sole discretion. The amendment to the Company’s Certificate
of Incorporation was approved, as follows:
Votes For Votes Against Abstentions Broker Non-Votes
────────────────────────────────────────────────────────────────────────
30,515,571 80,512 1,737,011 0
(b) Proposal
2 - Approval of an adjournment of the Special Meeting, if necessary, to permit further solicitation and vote of proxies in the event that
there are insufficient votes in favor of Proposal 1. The adjournment was approved, as follows:
Votes For Votes Against Abstentions Broker Non-Votes
────────────────────────────────────────────────────────────────────────
30,757,679 123,860 1,451,555 0