Nuwellis regains compliance with Nasdaq listing requirements

Nuwellis (NUWE) announced that the Company received formal written notice from The Nasdaq Stock Market that the Company has regained compliance with Nasdaq’s minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2), as well as Nasdaq’s stockholders’ equity requirement set forth in Nasdaq Listing Rule 5550(b)(1). The Company’s Common Stock will continue to trade on The Nasdaq Capital Market tier of Nasdaq under the symbol “NUWE”.