Nuwellis, inc. announces closing of $10.0 million underwritten public offering of common stock including full exercise of over-allotment option

Eden prairie, minn., sept. 17, 2021 (globe newswire) -- nuwellis, inc. (nasdaq:nuwe) (the “company”) announced today the closing of its previously announced underwritten public offering of 4,005,588 shares of its common stock at a price to the public of $2.50 per share, for gross proceeds of approximately $10.0 million, including the full exercise of the underwriters' over-allotment option to purchase additional shares of the company's common stock, prior to deducting underwriting discounts and commissions and offering expenses payable by the company.
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