Nuwellis Inc. held a special meeting of stockholders on August 4, 2025. The meeting included proposals to approve the issuance of shares of Common Stock in accordance with Nasdaq Listing Rule 5635(d), which was approved. An amendment to increase the authorized number of shares of common stock from 100,000,000 to 200,000,000 was also approved. Additionally, a proposal to effect a reverse split of outstanding common stock at a ratio in the range of 1-for-5 to 1-for-70 was approved. Lastly, authorization for one or more adjournments of the Special Meeting to solicit additional proxies was granted.
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