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

Eden prairie, minn., aug. 24, 2021 (globe newswire) -- nuwellis, inc. (nasdaq: nuwe), today announced that, effective august 18, 2021, the independent directors approved four equity awards under nuwellis' 2021 inducement plan, as material inducement to four individuals entering into employment with the company. the equity awards were 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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