| | Per Class A Unit | | | Per Class B Unit(1) | | | Total | |
Public offering price | | | $0.25 | | | $0.25 | | | $9,598,080.00 |
Underwriting discounts(2) | | | $0.02 | | | $0.02 | | | $767,846.40 |
Proceeds, before expenses, to Nuwellis, Inc. | | | $0.23 | | | $0.23 | | | $8,830,233.60 |
(1) | The public offering price and underwriting discount corresponds to (x) in respect of the Class A Units (i) a public offering price per share of common stock of $0.2499 and (ii) a public offering price per 1.5 warrants of $0.0001 and (y) in respect of the Class B Units (i) a public offering price per share of Series I Preferred Stock of $0.2499 and (ii) a public offering price per 1.5 warrants to purchase one share of common stock of $0.0001. |
(2) | We have agreed to pay certain expenses of the underwriters in this offering. We refer you to “Underwriting” on page 34 for additional information regarding underwriting compensation. |