---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-044033"
form_type: "8-K"
ticker: "NUWE"
cik: "0001506492"
company_name: "Nuwellis, Inc."
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:04:05.823490+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Nuwellis terminates distribution deal with SeaStar Medical, receives $900k settlement

## Summary
- SeaStar pays Nuwellis $900k in three installments: $500k (less offsets) by Oct 22, $250k by Nov 30, $150k by Dec 31, 2024.
- Distribution and supply agreements for QUELIMMUNE terminated effective Oct 20, 2024; Nuwellis to return remaining inventory.
- Settlement resolves SeaStar's May 2024 breach notice (disputed by Nuwellis) with no admission of liability.
- Parties mutually release all claims related to the agreements and agree to non-disparagement.

## SEC filing metadata
- accession: 0001140361-24-044033
- form_type: 8-K
- ticker: NUWE
- cik: 0001506492
- company_name: Nuwellis, Inc.
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506492/000114036124044033/0001140361-24-044033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506492/000114036124044033/ef20037593_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-044033
- JSON: https://secwatch.observer/filing/0001140361-24-044033.json
- Plain text: https://secwatch.observer/filing/0001140361-24-044033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.