Nuwellis Shares Drop Again After Warrant Filing
Nuwellis Inc. shares looked set to drop again in early U.S. trading Wednesday, after tumbling Tuesday. The small medical-device maker filed a preliminary registration statement for an equity offering packed with warrants. S-1 clearance hit after Friday’s close. With the SEC’s move late Friday, investors had to wait out the Memorial Day break before trading on Tuesday. Shares of NUWE slid 13.61% that session and dropped 1.85% more pre-market Wednesday.