Neuraxis settles litigation for $750k payable starting Jan 2026; raises ~$1M from warrant exercises

Neuraxis, INC

• Settles two lawsuits (Physicians' Litigation and Medical Practice Entities' Litigation) for $750,000 total, payable in 12 equal monthly installments beginning January 2026.
• Settlement includes mutual release of all claims among all parties, with no admission of liability.
• Received approximately $1M in proceeds from warrant exercises, issuing 430,580 common shares; Series B Preferred converted into 342,016 common shares.
• Shares were issued without restrictive legend under the company's effective S-3 registration statement.