secwatch.observer — SEC 8-K summary
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Issuer:     Nuwellis, Inc. (NUWE)
CIK:        0001506492
Form:       8-K
Filed at:   2024-08-26T23:59:59+00:00
Accession:  0001140361-24-038578
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuwellis prices $916,000 registered direct offering with warrants at $1.72 strike
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- Gross proceeds ~$916k from sale of 496,901 shares at $1.845/share and warrants for 496,901 shares.
- Warrants exercisable immediately at $1.72/share, expiring 5 years from registration effectiveness.
- Offering closed Aug 26, 2024; net proceeds for working capital and general corporate purposes.
- Ladenburg Thalmann acted as exclusive placement agent; cash fee of 8% of gross proceeds.
- Company also issued placement agent warrants to purchase 14,501 shares at $3.04425, expiring Aug 23, 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506492/000114036124038578/0001140361-24-038578-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506492/000114036124038578/ny20034687x2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-038578

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