NexGel shareholders approve 6x share increase and reverse split range

NEXGEL, INC.

Approved increasing authorized common shares from 25M to up to 150M; votes: 5,416,811 for, 779,208 against.
Approved discretionary reverse stock split at 1-for-2 to 1-for-20; votes: 5,450,308 for, 747,210 against.
Approved adjournment proposal; votes: 5,365,667 for; no adjournment needed as Proposals 1 and 2 passed.
Special meeting held Sept 23, 2026; quorum met with 6,200,043 of 9,747,663 shares represented.

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