Nuwellis, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

November 19, 2022

https://www.globenewswire.com/news-release/2022/11/18/2559434/26106/en/Nuwellis-Inc-Reports-Inducement-Grants-Under-Nasdaq-Listing-Rule-5635-c-4.html

MINNEAPOLIS, Nov. 18, 2022 (GLOBE NEWSWIRE) — Nuwellis, Inc. (Nasdaq:NUWE), today announced that, effective November 15, 2022, the independent directors approved equity awards under Nuwellis’ 2021 Inducement Plan, as material inducements to seven 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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