SUNSHINE HEART,INC. (NASDAQ:SSH) Files An 8-K Other Events

Item 8.01. Other Events.

On April24, 2017, Sunshine Heart,Inc. (the Company) issued a
press release announcing the closing of its underwritten public
offering (the Offering) of
(i)2,800,000 shares of the Companys common stock, par value
$0.0001 (the Common Stock),
(ii)9,200,000 Common Stock Purchase Warrants (Warrants) and
(iii)6,400 Shares of SeriesE Convertible Preferred Stock, which
includes the full exercise of the underwriters over-allotment
option to purchase additional shares and warrants. The Company
received gross proceeds of $9.2 million, prior to deducting
underwriting discounts and commissions and offering expenses
payable by the Company.

A copy of the press release is included as Exhibit99.1 to this
Current Report on Form8-K and is incorporated herein by
reference.

to the closing of the Offering, the Company entered into a
warrant agency agreement (the Warrant Agency
Agreement) with American Stock Transfer Trust
Company, LLC (AST) on April24,
2017, to which AST will serve as the Companys Warrant Agent for
the Offering. The Warrant Agency Agreement is included as
Exhibit10.1 to this Current Report on Form8-K and incorporated
herein by reference.

Further information on the terms of the Offering can be found on
the Companys Registration Statement on FormS-1 (File
No.333-216841), which was declared effective by the United States
Securities and Exchange Commission on April18, 2017.

Prior to the closing of the Offering, certain purchasers of the
Companys ClassB Units elected to convert the SeriesE Convertible
Preferred Stock underlying such units into shares of Common
Stock. Following the completion of the Offering, as of April24,
2017, the Company had outstanding 7,379,865 shares of Common
Stock and 4,940 shares of Series E Convertible Preferred Stock,
and the Company has received notices to convert an additional 710
shares of Series E Convertible Preferred Stock (convertible into
an additional 710,000 shares of Common Stock), which are pending
with the Companys transfer agent.

Item 9.01 Financial Statements and
Exhibits.

(d)Exhibits

SUNSHINE HEART, INC. (NASDAQ:SSH) Recent Trading Information

SUNSHINE HEART, INC. (NASDAQ:SSH) closed its last trading session down -0.029 at 0.891 with 638,731 shares trading hands.