other material
confidence high
sentiment neutral
materiality 0.65
Nuwellis announces 1-for-35 reverse stock split effective June 25, 2026
Nuwellis, Inc.
- Board approved 1-for-35 reverse stock split on June 16, 2026, following shareholder authorization obtained on August 4, 2025.
- Effective June 25, 2026 at 5:00 PM ET; common stock trades split-adjusted on Nasdaq under symbol NUWE on June 26.
- Proportionate adjustments apply to exercise prices and shares under preferred stock, options, RSUs, and warrants.
- CUSIP becomes 67113Y801; Equiniti Trust Company serves as exchange agent.
- Fractional shares rounded down with cash payment based on last closing price before effectiveness.