TELA Bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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TELA Bio announced inducement grants of restricted stock units to new employees under Nasdaq Rule 5635(c)(4). This involves 4,000 shares of common stock granted to seven new hires as part of their employment compensation.
January 24, 2025 | 9:15 pm
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TELA Bio has granted restricted stock units to new employees as part of their compensation, which may slightly dilute existing shares but is a standard practice for attracting talent.
The issuance of restricted stock units is a common practice to attract new talent and is unlikely to have a significant immediate impact on the stock price. However, it may cause slight dilution of existing shares. The news is relevant as it pertains directly to TELA Bio's equity actions.
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