---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-028767"
form_type: "8-K"
ticker: "SNWV"
cik: "0001417663"
company_name: "SANUWAVE Health, Inc."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:42:09.896689+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SANUWAVE closes $12M private placement, appoints Morgan Frank as Board Chairman

## Summary
- Issued $16.1M convertible notes (new capital $12.2M) and warrants for 806M shares at $0.04–$0.067; net proceeds $14.4M.
- Settled $4.2M debt with Leviston Resources for $3.2M cash + 16.7M shares.
- Morgan Frank (Manchester Management) appointed Board Chairman, effective Aug 5, 2022; Kevin Richardson remains CEO.
- Proceeds to expand production capacity, pay off existing debt, and initiate NASDAQ up-listing process.

## SEC filing metadata
- accession: 0001140361-22-028767
- form_type: 8-K
- ticker: SNWV
- cik: 0001417663
- company_name: SANUWAVE Health, Inc.
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417663/000114036122028767/0001140361-22-028767-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417663/000114036122028767/brhc10040483_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-028767
- JSON: https://secwatch.observer/filing/0001140361-22-028767.json
- Plain text: https://secwatch.observer/filing/0001140361-22-028767.txt

## Key facts
- Executive change
  Morgan Frank was appointed as Chair of the Board at SANUWAVE Health, Inc..
  - Action: appointed
  - Role: Chair of the Board
  source text: On August 5, 2022, Morgan Frank was appointed to the Board to serve as Chair, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417663/000114036122028767/0001140361-22-028767-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.