
SplitOct 23, 2026, 09:26 AM
Nuwellis Announces 1-for-9 Reverse Stock Split Effective Oct 27
AI Summary
Nuwellis, Inc. has officially announced a 1-for-9 reverse stock split, which was approved by its Board of Directors on October 13, 2026. The company filed a Certificate of Amendment to its Certificate of Incorporation on October 22, 2026, to effect this change. The reverse stock split will become effective after market close on October 26, 2026, with trading on a split-adjusted basis beginning on October 27, 2026. Any fractional shares resulting from the split will be rounded down, and stockholders will receive cash for these fractional amounts. The company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol NUWE.
Key Highlights
- Nuwellis, Inc. announced a 1-for-9 reverse stock split approved by its Board of Directors.
- The reverse stock split will become effective on October 26, 2026, after market close.
- Trading on a split-adjusted basis will commence on October 27, 2026.
- Fractional shares resulting from the split will be rounded down, with cash paid for fractional amounts.
- The company's common stock will continue to trade on Nasdaq under the symbol NUWE.
Price Impact
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