secwatch.observer — SEC 8-K summary
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Issuer:     Nuwellis, Inc. (NUWE)
CIK:        0001506492
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0001140361-25-028670
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Nuwellis shareholders approve reverse stock split and increase in authorized shares
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- Shareholders approved a reverse stock split of 1:5 to 1:70, with board discretion to implement within 12 months to regain Nasdaq listing compliance.
- Authorized common shares increased from 100M to 200M via charter amendment approved by 42,325 for, 15,715 against.
- Approved issuance of shares upon exercise of warrants from June 2025 financing (28,004 for, 6,626 against).
- Adjournment authority also approved (41,884 for, 14,626 against) if needed to solicit more proxies.
- Only 130,154 shares (45.23% of outstanding) were represented at the special meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506492/000114036125028670/0001140361-25-028670-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506492/000114036125028670/ef20053163_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-028670

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