Nuwellis issues 1,310,890 five-year warrants at $2.59 in private placement

Reuters2026/07/31 12:39

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Nuwellis priced a registered direct offering of 1,310,890 shares at USD 2.59, paired with a private placement of warrants for 1,310,890 shares.
Warrants carry a USD 2.59 exercise price, are exercisable immediately, and run for five years from the registration statement’s effectiveness.
Gross proceeds included about USD 3.1 million from the exercise of previously issued warrants tied to the June 2026 public offering.
Closing is expected on or about Aug. 3, 2026, subject to customary conditions.

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 GlobeNewswire (Ref. ID: 202607310839PRIMZONEFULLFEED9801617) on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nuwellis issues 1,310,890 five-year warrants at $2.59 in private placement

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