Nuwellis Files to Resell 1.35 Million Shares From Warrant Exercises

MT Newswires Live

08/19

Nuwellis (NUWE) filed Tuesday to offer and resell up to 1.31 million common shares underlying warrants issued in an Aug. 3 private placement, along with 39,327 shares underlying placement-agent warrants.

If exercised for cash, the warrants would generate about $3.6 million in proceeds, which the company plans to use for working capital and general corporate purposes.

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