Pepper Hamilton announced its involvement in representing TELA Bio, Inc. in an initial public offering filing with the U.S. Securities and Exchange Commission. The company plans to raise $60 million by offering four million shares priced between $14 and $16. The company has applied to be listed on the Nasdaq Global Market under the symbol TELA.
TELA Bio is a commercial-stage medical technology company that designs and develops tissue reinforcement materials used in soft tissue reconstruction. The company is based in Malvern, Pa.
TELA Bio is represented by Rachael M. Bushey, a partner and chair of the Health Sciences Department of Pepper Hamilton, and Jennifer Porter, a partner in the Health Sciences Department of Pepper Hamilton.
Read more about the IPO at https://www.law360.com/articles/1214676/pepper-hamilton-guides-medical-device-maker-s-60m-ipo.