secwatch.observer — SEC 8-K summary
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Issuer:     Nuwellis, Inc. (NUWE)
CIK:        0001506492
Form:       8-K
Filed at:   2022-12-06T23:59:59+00:00
Accession:  0001140361-22-044513
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Nuwellis shareholders approve reverse stock split at ratio 1:50-1:100 to maintain Nasdaq listing
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- Proposal 1 (reverse split) passed with 17.6M votes For vs 2.1M Against (89.5% of votes cast).
- Board authorized to determine exact ratio between 1-for-50 and 1-for-100.
- Proposal 2 (incentive plan amendment) passed with 10.4M For, 2.1M Against, 7.2M broker non-votes.
- Proposal 3 (adjournment authority) passed with 17.8M For vs 1.8M Against.
- Special meeting turnout 19.7M shares (62% of outstanding).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506492/000114036122044513/0001140361-22-044513-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506492/000114036122044513/brhc10045125_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-044513

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer