secwatch.observer — SEC 8-K summary
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Issuer:     Nuwellis, Inc. (NUWE)
CIK:        0001506492
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001140361-25-023368
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuwellis receives Nasdaq delisting notice for bid price below $1.00; plans reverse split and hearing
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- Received Nasdaq Deficiency Notice on June 18, 2025 for failure to meet $1.00 minimum bid price requirement.
- Not eligible for standard compliance period due to prior reverse stock splits totaling at least 250:1 over two years.
- Intends to request a hearing and effect a reverse stock split (approved 1:5 to 1:70 at May 20, 2025 meeting) to regain compliance.
- No assurance of continued listing; securities remain listed pending final hearing conclusion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506492/000114036125023368/0001140361-25-023368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506492/000114036125023368/ef20050908_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-023368

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