Nuwellis closes $6.0M public offering of shares and warrants

Nuwellis, Inc.

Gross proceeds of ~$6.0M from 1,903,338 common shares and pre-funded warrants with Series C/D warrants.
Public offering price $0.30 per share and accompanying warrants; pre-funded warrants at $0.2999.
As of June 9, 2026, 12,750,321 common shares outstanding (post-exercise of pre-funded warrants).
Series C warrants exercisable at $0.30 for 5 years after stockholder approval and reverse split; Series D warrants include cashless exercise option.
Ladenburg Thalmann acted as sole book-running manager; offering declared effective June 4, 2026.

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