As part of the change, the company’s stock ticker will shift from SSH to CHFS, the Eden Prairie, Minn.-based company said, expected to take effect May 24.
“We are pleased to align our corporate name and identity with our new commercial focus. CHF Solutions has great brand recognition in the marketplace and more appropriately reflects our business direction,” CEO & Chair John Erb said in a press release.
In April, Sunshine Heart closed an underwritten public offering, bringing in approximately $9.2 million in gross proceeds. The round included the full exercise of the underwriter’s over-allotment option to purchase additional shares, the company said.