secwatch.observer — SEC 8-K summary
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Issuer:     Nuwellis, Inc. (NUWE)
CIK:        0001506492
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001140361-25-018404
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuwellis enters 3-year supply agreement with Kluge Design for Aquadex manufacturing
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- KDI exclusively manufactures Aquadex Blood Circuit, dELC Catheter, SmartFlow Console globally; Nuwellis retains IP.
- Nuwellis pays start-up costs by Aug 1, 2025; KDI provides 50% credit applied to future Consumable Goods orders.
- Pricing based on volume tiers; KDI may increase prices due to material, labor, or tariff changes pass-through.
- No minimum purchase; initial term 3 years, auto-renew yearly; exclusivity for KDI as contract manufacturer.
- Up to [***] employees transfer to KDI; manufacturing equipment moves to KDI facility in Rogers, MN.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506492/000114036125018404/0001140361-25-018404-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506492/000114036125018404/ef20048730_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-018404

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