Nuwellis (NUWE) Prices Upsized $9.6M Offering at $0.25/sh
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Nuwellis Announces Pricing of $9.6 Million Upsized Underwritten Public Offering
October 14, 2022 8:30 AM EDTMINNEAPOLIS, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) (Nuwellis or the Company), a commercial-stage company focused on transforming the lives of people with fluid overload, today announced the pricing of an underwritten public offering of units for gross proceeds of approximately $9.6 million prior to deducting underwriting discounts and commissions and offering expenses payable by Nuwellis.
The offering is comprised of (1) 15,235,196 Class A Units, priced at a public offering price of $0.25 per Class A Unit, with each Class A Unit consisting of one share of common stock and 1.5... More
