Nuwellis Regains Compliance with Nasdaq Listing Requirements
Nuwellis, Inc. (NUWE)
Company Research
Source: GlobeNewswire
MINNEAPOLIS, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) (the “Company” or “Nuwellis”) today announced that the Company received formal written notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price requirement (the “Bid Price Requirement”) set forth in Nasdaq Listing Rule 5550(a)(2), as well as Nasdaq’s stockholders’ equity requirement (“Equity Requirement”) set forth in Nasdaq Listing Rule 5550(b)(1). The Company's Common Stock will continue to trade on The Nasdaq Capital Market tier of Nasdaq under the symbol "NUWE". This confirmation follows the Company’s successful efforts to improve its balance sheet by raising new equity, reducing outstanding liabilities, and reclassifying certain prior warrant liabilities as equity. As a result, Nuwellis now exceeds Nasdaq’s stockholders' Equity Requirement of at least $2.5 million, which was previously reported on our Form 10-Q for the period ending Se
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NUWE
News
- Nuwellis Regains Compliance with Nasdaq Listing Requirements [Yahoo! Finance]Yahoo! Finance
- Nuwellis, Inc. Announces Third Quarter 2024 Financial Results and Recent HighlightsGlobeNewswire
- Nuwellis Announces Exercise of Warrants for $5.1 Million of Gross Proceeds [Yahoo! Finance]Yahoo! Finance
- Nuwellis Announces Exercise of Warrants for $5.1 Million of Gross ProceedsGlobeNewswire
- Nuwellis Receives Increased Reimbursement Rate for Aquadex SmartFlow® Therapy from the Centers for Medicare and MedicaidGlobeNewswire
NUWE
Earnings
- 11/11/24 - Beat
NUWE
Sec Filings
- 12/23/24 - Form EFFECT
- 12/20/24 - Form 424B3
- 12/19/24 - Form S-1/A
- NUWE's page on the SEC website