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Nuwellis Approves Stock Proposals at Special Meeting

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Nuwellis Approves Stock Proposals at Special Meeting

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Nuwellis ( (NUWE) ) has shared an announcement.

On August 4, 2025, Nuwellis, Inc. held a virtual special meeting of stockholders to discuss several key proposals. The meeting sought approval for the issuance of common stock shares, an increase in authorized shares from 100 million to 200 million, and a reverse stock split to comply with Nasdaq listing requirements. The proposals were approved by a majority vote, with the reverse split aimed at maintaining the company’s Nasdaq listing status.

The most recent analyst rating on (NUWE) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on Nuwellis stock, see the NUWE Stock Forecast page.

Spark’s Take on NUWE Stock

According to Spark, TipRanks’ AI Analyst, NUWE is a Neutral.

Nuwellis’ overall score is primarily impacted by its financial challenges, reflected in consistent losses and negative cash flows. Technical indicators further indicate bearish trends, and valuation metrics highlight the company’s struggles. Despite some optimism from the earnings call, the overall outlook remains cautious.

To see Spark’s full report on NUWE stock, click here.

More about Nuwellis

Average Trading Volume: 995,070

Technical Sentiment Signal: Sell

Current Market Cap: $1.04M

For detailed information about NUWE stock, go to TipRanks’ Stock Analysis page.

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