TELA Bio obtains lender consent to suspend minimum revenue covenant for two fiscal quarters

TELA Bio, Inc.

TELA Bio entered a Limited Consent to Credit Agreement and Guaranty on September 28, 2026 with Perceptive Credit Holdings V, LP and the Required Lenders.
The Limited Consent provides that the Credit Agreement's Section 10.02 minimum Revenue covenant will not be tested for quarters ending on or about September 30, 2026 and December 31, 2026.
The Credit Agreement and Guaranty is dated as of November 13, 2025, among TELA Bio, Perceptive Credit Holdings V, LP as administrative agent, and lenders party thereto.
Heather Getz, Chief Executive Officer and Director, signed the report on September 29, 2026.

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