---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-044582"
form_type: "8-K"
ticker: "NXGL"
cik: "0001468929"
company_name: "NEXGEL, INC."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:44:57.181551+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NEXGEL raises ~$2M in registered direct offering of stock and warrants at $2.75/share

## Summary
- Offering of 727,272 common shares and warrants to buy 363,636 shares at $4.25; gross proceeds ~$2M.
- Warrants exercisable immediately, expire in 5 years; exercise price $4.25 per share.
- Insiders (management & board) participated; subject to 180-day lock-up from closing.
- Proceeds to increase inventory, marketing for Silly George, support receivables, and pursue acquisitions.
- Alere Financial acted as exclusive placement agent; offering made under existing S-3 shelf.

## SEC filing metadata
- accession: 0001493152-24-044582
- form_type: 8-K
- ticker: NXGL
- cik: 0001468929
- company_name: NEXGEL, INC.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468929/000149315224044582/0001493152-24-044582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468929/000149315224044582/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-044582
- JSON: https://secwatch.observer/filing/0001493152-24-044582.json
- Plain text: https://secwatch.observer/filing/0001493152-24-044582.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.