SplitJun 24, 2026, 06:02 AM
Nuwellis Announces 1-for-35 Reverse Stock Split
AI Summary
Nuwellis, Inc. announced a one-for-thirty-five reverse stock split of its common stock, approved by the Board on June 16, 2026. The company filed a Certificate of Amendment on June 23, 2026, with the reverse split becoming effective on June 25, 2026. Trading on a split-adjusted basis will commence on June 26, 2026, under the existing Nasdaq symbol "NUWE".
Key Highlights
- Board approved a one-for-thirty-five reverse stock split.
- Certificate of Amendment filed on June 23, 2026.
- Reverse Stock Split effective 5:00 p.m. Eastern Time on June 25, 2026.
- Common stock to begin trading on a split-adjusted basis on June 26, 2026.
- New CUSIP number for common stock will be 67113Y801.
- Fractional shares will be rounded down, with cash payment at market value.
Price Impact
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