On June 9, 2025, Nuwellis Inc. entered into a Securities Exchange Agreement with John L. Erb, the company's CEO and board member. The agreement involved exchanging 100 shares of the newly designated Series F-1 Convertible Preferred Stock for 100 shares of the company's outstanding Existing Series F Stock. Following the transaction, Mr. Erb owns 100% of the Series F-1 Stock. The document does not mention the price of the shares.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuwellis Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-021870), on June 09, 2025, and is solely responsible for the information contained therein.