secwatch.observer — SEC 8-K summary
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Issuer:     Nuwellis, Inc. (NUWE)
CIK:        0001506492
Form:       8-K
Filed at:   2022-11-30T23:59:59+00:00
Accession:  0001140361-22-043607
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506492/000114036122043607/0001140361-22-043607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506492/000114036122043607/brhc10044877_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-043607

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