other material
confidence high
sentiment neutral
materiality 0.45
Nuwellis terminates ATM equity offering agreement with Ladenburg Thalmann effective July 9, 2024
Nuwellis, Inc.
- Termination notice delivered to Ladenburg Thalmann & Co. Inc. on July 1, 2024; effective July 9, 2024.
- ATM Agreement dated March 3, 2023 permitted periodic issuance and sale of common stock shares.
- No additional shares of common stock will be issued or sold under the terminated ATM Agreement.
- Company had been selling shares under Instruction I.B.6 of Form S-3 limitations.