Nuwellis Signs Letter of Intent to Explore Acquisition of Rendiatech Ltd., A Real-Time Fluid Monitoring Company
1. NUWE signs LOI to acquire Rendiatech, enhancing fluid management technology. 2. Acquisition aims to add continuous renal health monitoring capabilities. 3. Rendiatech's products could improve early diagnosis of acute kidney injury. 4. Transaction is expected to close in Q4 2025, pending approval. 5. This move supports NUWE's growth strategy towards cash flow positivity.