Nuwellis announces closing of $11.04 million underwritten public offering including full exercise of overallotment option

Minneapolis, oct. 18, 2022 (globe newswire) -- nuwellis, inc. (nasdaq: nuwe) ("nuwellis" or the "company"), a commercial-stage company focused on transforming the lives of people with fluid overload, today announced the closing of an underwritten public offering of units with gross proceeds of approximately $11.04 million, which includes the full exercise of the underwriter's over-allotment option to purchase additional shares and warrants, prior to deducting underwriting discounts and commissions and offering expenses payable by nuwellis.
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