---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-043120"
form_type: "8-K/A"
ticker: "LIXT"
cik: "0001335105"
company_name: "LIXTE BIOTECHNOLOGY HOLDINGS, INC."
filed_at: "2026-09-17T20:10:38+00:00"
generated_at: "2026-09-17T20:12:15.236766+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nomad Power closes reverse merger with NOMAD; target flags going-concern doubt, $8.4M 2025 loss

## Summary
- Merger closed July 1, 2026; NOMAD survives as wholly-owned subsidiary; Lixte renamed Nomad Power Solutions (NMAD).
- NOMAD 2025 revenue $9.35M (product sales $9.15M), up ~299% from $2.35M in 2024; net loss $8.4M.
- Auditors cite substantial doubt about going concern: $156K cash, $11.7M stockholders' deficit at 12/31/2025.
- June 16, 2026: $6.5M 15% secured note repaid bank loan; note applied to working capital; $9.0M remaining commitment funded at close.

## SEC filing metadata
- accession: 0001493152-26-043120
- form_type: 8-K/A
- ticker: LIXT
- cik: 0001335105
- company_name: LIXTE BIOTECHNOLOGY HOLDINGS, INC.
- filed_at: 2026-09-17T20:10:38+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1335105/000149315226043120/0001493152-26-043120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1335105/000149315226043120/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-043120
- JSON: https://secwatch.observer/filing/0001493152-26-043120.json
- Plain text: https://secwatch.observer/filing/0001493152-26-043120.txt

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