Nuwellis Inc. Avoids Delisting as Nasdaq Confirms Compliance with Listing Standards

Reuters
07/23
Nuwellis Inc. Avoids Delisting as Nasdaq Confirms Compliance with Listing Standards

Nuwellis Inc. recently faced a potential delisting from the Nasdaq Stock Market due to its common stock bid price closing below $1.00 per share for 30 consecutive trading days. However, as of July 22, 2025, Nuwellis received confirmation from Nasdaq that the minimum bid price deficiency had been resolved, bringing the company back into compliance with the listing standards. Consequently, the scheduled hearing before the Nasdaq Hearings Panel on August 12, 2025, was deemed unnecessary and canceled. Nasdaq has decided to continue listing Nuwellis' common stock on The Nasdaq Capital Market.

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: 0001140361-25-026855), on July 23, 2025, and is solely responsible for the information contained therein.

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