SCHEDULE 13G/A: Investment Firm AIGH Capital Management and Orin Hirschman Disclose 3.6% Stake in TELA Bio, Inc.

AIGH Capital Management LLC and Orin Hirschman have filed an amended Schedule 13G, disclosing a beneficial ownership of 3.6% of TELA Bio, Inc.'s common stock as of March 31, 2025.

Summary

• Orin Hirschman, AIGH Capital Management LLC, and AIGH Investment Partners LLC (collectively, the "Reporting Persons") have filed an Amendment No. 4 to Schedule 13G regarding their beneficial ownership in TELA Bio, Inc.
• As of March 31, 2025, the Reporting Persons collectively beneficially own 1,416,323 shares of TELA Bio, Inc.'s Common Stock.
• This ownership represents 3.6% of the total class of TELA Bio, Inc. Common Stock.
• The Reporting Persons hold sole voting power and sole dispositive power over all 1,416,323 shares.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of TELA Bio, Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or prospects.

Future Outlook

The document is a beneficial ownership report and does not contain any forward-looking statements or guidance regarding TELA Bio, Inc.'s future performance or outlook.

Management Comments

• Orin Hirschman, as a Reporting Person and Managing Member of AIGH Capital Management LLC, certified that, to the best of his knowledge and belief, the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a standard disclosure of passive beneficial ownership by an investment firm, indicating a position in TELA Bio, Inc. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The disclosure of a significant, albeit passive, stake by an investment firm like AIGH Capital Management LLC may be viewed by other shareholders as a sign of investor confidence in TELA Bio, Inc.

Key Dates

Keywords

TELA Bio Inc., Schedule 13G, Beneficial Ownership, Orin Hirschman, AIGH Capital Management, Common Stock, SEC Filing, Investment Disclosure