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Nuwellis raises $3.4M via direct stock offering and $3.1M from warrant exercises

Company Fundamentals
31 Jul 2026
GlobeNewsWire
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Nuwellis, a medical technology company, announced a registered direct offering of 1,310,890 shares at $2.59 each, raising approximately $3.4 million. Additionally, the company received about $3.1 million from the exercise of previously issued warrants tied to a June 2026 public offering. Concurrently, Nuwellis issued warrants to investors to purchase up to 1,310,890 shares at the same price, exercisable immediately and valid for five years. The closing of these offerings is expected around August 3, 2026, subject to customary conditions. This capital raise supports Nuwellis' ongoing efforts to advance its cardiorenal medical technologies.

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