---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-043607"
form_type: "8-K"
ticker: "NUWE"
cik: "0001506492"
company_name: "Nuwellis, Inc."
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:37:38.844861+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nuwellis gets 180-day extension to May 29, 2023 to regain Nasdaq $1 bid price compliance

## Summary
- Received 180-day extension from Nasdaq to May 29, 2023 to regain minimum $1.00 bid price compliance.
- Initial 180-day compliance period expired Nov 28, 2022; extension granted Nov 29, 2022.
- Can regain compliance if bid price closes at $1.00 or more for 10 consecutive business days before May 29, 2023.
- No immediate effect on listing; shares continue trading on Nasdaq Capital Market under ticker NUWE.
- Company may consider a reverse stock split to meet the requirement; failure could lead to delisting.

## SEC filing metadata
- accession: 0001140361-22-043607
- form_type: 8-K
- ticker: NUWE
- cik: 0001506492
- company_name: Nuwellis, Inc.
- filed_at: 2022-11-30T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506492/000114036122043607/0001140361-22-043607-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506492/000114036122043607/brhc10044877_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-043607
- JSON: https://secwatch.observer/filing/0001140361-22-043607.json
- Plain text: https://secwatch.observer/filing/0001140361-22-043607.txt

## Key facts
- Listing & Compliance Notices
  Nuwellis, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: November 29, 2022 the Company received a letter from Nasdaq advising that the Company had been granted a 180-day extension to May 29, 2023, to regain compliance with the Minimum Bid Price Requirement, in accordance with Nasdaq Listing Rule 5810(c)(3)(A). The Company will continue to monitor the closing bid price of the Common Stock and may, if appropriate, consider implementing available options, including but not limited to, implementing a reverse stock split of its outstanding securities, to regain compliance with the Minimum Bid Price Requirement. If the Company does not regain compliance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506492/000114036122043607/0001140361-22-043607-index.htm

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