Nuwellis Sets 1-for-9 Reverse Split Effective October 26

summarizeSummary

Nuwellis will execute a one-for-nine reverse stock split effective 5:00 p.m. Eastern on October 26, 2026, with split-adjusted trading beginning October 27 under the same NUWE symbol and a new CUSIP.

check_boxKey Events · Corporate Governance and Compliance · NUWE

• One-for-Nine Reverse Split Set

  Every nine shares convert into one, with no change in the $0.0001 par value; the ratio sits at the top of the one-for-five to one-for-seventy range stockholders approved on July 24, 2026.

• Effective Date and Trading

  Effective 5:00 p.m. Eastern on October 26, 2026; NUWE begins trading split-adjusted on October 27 under the same symbol with new CUSIP 67113Y 884.

• Derivative Terms Adjusted

  Exercise prices and share counts on preferred stock, options, restricted stock units and warrants are proportionately adjusted, as are shares reserved under equity plans.

• Fractional Shares Paid in Cash

  Fractional shares are rounded down and holders receive cash equal to the fraction times the Nasdaq closing price on the last trading day before effectiveness.

auto_awesomeAnalysis · NUWE · Industrial Applications And Services

The board fixed the ratio at one-for-nine, the top of the range approved at the July 24 special meeting, and the split takes effect after the close on October 26 with split-adjusted trading from October 27. For a company that previously disclosed going-concern and Nasdaq listing pressure, this is a listing-compliance move: it lifts the per-share price mechanically without changing any holder's economic stake, and it shrinks the share count that future dilution — including the August registered direct offering and the warrant overhang — will be measured against. The fractional-share cash-out is the only cash leaving the company.