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Nuwellis to acquire Rendiatech, terms not disclosed

Nuwellis (NUWE) announced that it has entered into a Securities Purchase Agreement to acquire all of the issued and outstanding capital stock of Rendiatech Ltd., an Israeli-based medical technology company focused on automated kidney function monitoring. The transaction is expected to close following the satisfaction of customary closing conditions. The transaction has been approved by the boards of directors of both companies.

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