Nuwellis, Inc. Files 8-K Current Report
Ticker: NUWE · Form: 8-K · Filed: Dec 19, 2024 · CIK: 1506492
| Field | Detail |
|---|---|
| Company | Nuwellis, Inc. (NUWE) |
| Form Type | 8-K |
| Filed Date | Dec 19, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, regulatory-filing, company-update
Related Tickers: NUWE
TL;DR
Nuwellis (NUWE) filed an 8-K, check for material updates.
AI Summary
Nuwellis, Inc. filed an 8-K on December 19, 2024, reporting an event that occurred on December 17, 2024. The filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934. Specific details of the event are not provided in the header information.
Why It Matters
This filing indicates Nuwellis, Inc. has made a regulatory submission to the SEC, which could contain material information about the company's operations or strategic direction.
Risk Assessment
Risk Level: medium — An 8-K filing can contain significant information, but without knowing the specific item reported, the risk level is moderate.
Key Numbers
- 001-35312 — SEC File Number (Identifies the company's filing history with the SEC)
- 68-0533453 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Nuwellis, Inc. (company) — Registrant
- December 17, 2024 (date) — Earliest event reported
- December 19, 2024 (date) — Date of report
- 12988 Valley View Road, Eden Prairie, MN 55344 (address) — Principal Executive Offices
- CHF Solutions, Inc. (company) — Former company name
- Sunshine Heart, Inc. (company) — Former company name
FAQ
What specific event triggered this 8-K filing for Nuwellis, Inc. on December 17, 2024?
The provided header information does not specify the exact 'Item Information' that triggered this 8-K filing, only that it falls under 'Other Events' and 'Financial Statements and Exhibits'.
What was Nuwellis, Inc.'s former name before CHF Solutions, Inc.?
Nuwellis, Inc. was formerly known as Sunshine Heart, Inc. prior to changing its name from CHF Solutions, Inc.
When did Nuwellis, Inc. change its name from CHF Solutions, Inc.?
The company changed its name from CHF Solutions, Inc. on May 23, 2017.
What is Nuwellis, Inc.'s principal executive office address?
Nuwellis, Inc.'s principal executive offices are located at 12988 Valley View Road, Eden Prairie, MN 55344.
What is the SIC code for Nuwellis, Inc.?
The Standard Industrial Classification (SIC) code for Nuwellis, Inc. is 3845, which corresponds to ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS.
Filing Stats: 843 words · 3 min read · ~3 pages · Grade level 13 · Accepted 2024-12-19 09:33:23
Key Financial Figures
- $0.0001 — ich registered Common Stock, par value $0.0001 per share NUWE Nasdaq Capital Marke
Filing Documents
- ny20038704x3_8k.htm (8-K) — 24KB
- ny20038704x3_ex99-1.htm (EX-99.1) — 9KB
- 0001140361-24-049903.txt ( ) — 170KB
- nuwe-20241217.xsd (EX-101.SCH) — 4KB
- nuwe-20241217_lab.xml (EX-101.LAB) — 21KB
- nuwe-20241217_pre.xml (EX-101.PRE) — 16KB
- ny20038704x3_8k_htm.xml (XML) — 4KB
01
Item 8.01 Other Events. As previously, disclosed on May 29, 2024 and June 10, 2024, Nuwellis, Inc. (the " Company ") was notified by the Listing Qualifications staff (the " Staff ") of The Nasdaq Stock Market LLC (" Nasdaq ") that the Company did not satisfy Nasdaq Listing Rules 5550(b)(1) (the " Stockholders' Equity Requirement ") and 5550(a)(2) (the " Minimum Bid Price Requirement "), respectively, and was therefore subject to delisting from Nasdaq unless the Company timely requested a hearing before the Nasdaq Hearings Panel (the " Panel "), which it did. On July 18, 2024, Nasdaq notified the Company that it had regained compliance with the Minimum Bid Price Requirement. At a hearing before the Panel on July 23, 2024, the Company presented its plan of compliance to regain compliance with the Stockholders' Equity Requirement. On August 8, 2024, the Company was notified by Nasdaq that the Panel had granted the Company's request for continued listing, subject to, among other things, the Company's filing of its Quarterly Report on Form 10-Q for the period ending September 30, 2024, evidencing compliance with the Stockholders' Equity Requirement. On November 12, 2024, the Company filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 evidencing compliance with the Stockholders' Equity Requirement. On December 17, 2024, the Company received a letter from Nasdaq confirming that the Company has regained compliance with the Stockholders' Equity Requirement, as required by the Panel's August 2024 decision. Pursuant to Nasdaq Listing Rule 5815(d)(4)(B), the Company will be subject to a mandatory panel monitor for a period of one year from the date of the December 17, 2024 letter. If, within that one-year monitoring period, the Staff finds that the Company is no longer in compliance with the Stockholders' Equity Requirement, then, notwithstanding Nasdaq Listing Rule 5810(c)(2), the Company will not be permitted to provide the Staff with a pla
Financial Statements and Exhibits
Financial Statements and Exhibits. (c) Exhibits 99.1 Press Release dated December 19, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 19, 2024 NUWELLIS, INC. By: /s/ Nestor Jaramillo, Jr Name: Nestor Jaramillo, Jr. Title: President and Chief Executive Officer