other material
confidence high
sentiment neutral
materiality 0.50
Nuwellis and DaVita mutually terminate Supply and Collaboration Agreement effective Aug 21, 2024
Nuwellis, Inc.
- Supply and Collaboration Agreement with DaVita terminated by mutual agreement effective August 21, 2024.
- Common Stock Purchase Warrant never vested because vesting milestones were not attained.
- Registration rights under the agreement never became effective due to lack of Ultrafiltration Services Approval.
- All rented and unused products under the Supply Agreement are to be returned to Nuwellis.