2023-03-01 08:15:23 NUWE Nuwellis
03/01/23 03/0108:15 03/01/2308:15 | Nuwellis reports inducement grants under Nasdaq listing ruleNuwellis announced that, effective February 23, 2023, the Company's independent directors approved equity awards under Nuwellis' 2021 Inducement Plan, as material inducements to six individuals entering into employment with the Company. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4), which also requires a public announcement of equity awards that are not made under a stockholder approved equity plan. In connection with entering into employment with Nuwellis, Inc., the individuals, who were not previously employees or directors of Nuwellis, received options to purchase an aggregate of 2,514 shares of the Company's common stock. The option awards have an exercise price of $8.27 per share, the closing price of Nuwellis' common stock on February 23, 2023, the date of the grants. |
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