September 29, 2023

U.S. Securities and Exchange Commission

Division of Corporation Finance

100 F Street, N.E.

Washington, DC 20549

Attention: Jessica Ansart

Ladies and Gentlemen:

Pursuant to Rule 461 of the General Rules and Regulations of the U.S. Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”), Lake Street Capital Markets, LLC and Maxim Group LLC, as placement agents for the proposed offering, hereby join the request of Nuwellis, Inc. (the “Company”) that the effective date of the above-referenced Registration Statement be accelerated so that it will become effective at 4:01 p.m. Eastern Time on Friday, September 29, 2023, or as soon thereafter as practicable.

Pursuant to Rule 460 of the General Rules and Regulations of the Commission under the Securities Act, please be advised that there will be distributed to each underwriter, dealer or agent, who is reasonably anticipated to participate in the distribution of the securities in this offering, as many copies of the preliminary prospectus as appears to be reasonable to secure adequate distribution of the preliminary prospectus.

The undersigned is aware of its obligations under the provisions of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended, including the delivery requirements contained in such Rule, in connection with the above-referenced issue.

	Very truly yours,
	LAKE STREET CAPITAL MARKETS, LLC
	By:	/s/ Michael Townley
		Name: Michael Townley
		Title:  Head of Investment Banking
	MAXIM GROUP LLC
	By:	/s/ Clifford A. Teller
		Name: Clifford A. Teller
		Title:  Co-President

cc:          Aaron M. Schleicher, Esq., Sullivan & Worcester LLP

Shu Wei, Esq., Sullivan & Worcester LLP