Nuwellis, inc. reports inducement grant under nasdaq listing rule 5635(c)(4)

Minneapolis, nov. 19, 2021 (globe newswire) -- nuwellis, inc. (nasdaq: nuwe), today announced that, effective november 17, 2021, the independent directors approved an equity award under nuwellis' 2021 inducement plan, as a material inducement to an individual entering into employment with the company. the equity award was approved in accordance with nasdaq listing rule 5635(c)(4), which also requires a public announcement of equity awards that are not made under a stockholder approved equity plan.
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