other_material
confidence high
sentiment neutral
materiality 0.60
Nuwellis shareholders authorize 1-for-5 to 1-for-70 reverse stock split to comply with Nasdaq listing
Nuwellis, Inc.
- Reverse split approved with 1,792,386 votes for, 386,100 against; Board may implement within 12 months.
- John L. Erb and Gregory D. Waller elected as Class II directors with ~797K votes each.
- Ratification of Baker Tilly US, LLP as auditor for 2025 approved: 2,013,794 votes for.
- Adjournment authorization passed with 1,354,662 votes for; broker non-votes of 674,522 on director election.
item 5.07