other material
confidence high
sentiment neutral
materiality 0.70
Nuwellis prices $3.4M registered direct offering at $2.59/share; also receives $3.1M from warrant exercises
Nuwellis, Inc.
- Gross proceeds of ~$3.4M from sale of 1,310,890 shares at $2.59/share; concurrent private placement of warrants for same number at $2.59 exercise price.
- Additionally, Nuwellis received $3.1M from exercise of previously issued warrants from June 2026 public offering.
- Ladenburg Thalmann acted as exclusive placement agent; 9% cash fee and 3% warrant coverage.
- Closing expected August 3, 2026; warrants exercisable immediately, 5-year term.
- Company agreed to 5-day lockup on further equity issuance and 90-day ban on variable rate transactions.