---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-22-016930"
form_type: "8-K"
ticker: "NXL"
cik: "0001527352"
company_name: "Nexalin Technology, Inc."
filed_at: "2022-09-16T23:59:59+00:00"
generated_at: "2026-06-23T09:05:49.813219+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nexalin Technology prices $9.6M IPO at $4.15/unit; shares and warrants begin trading on Nasdaq

## Summary
- IPO priced at $4.15 per unit; 2,315,000 units sold consisting of one share and one warrant each, gross proceeds ~$9.6M.
- Warrants exercisable at $4.15 per share for 3 years; underwriters granted 45-day over-allotment option for up to 347,250 additional units.
- Common stock (NXL) and warrants (NXLIW) commenced trading on Nasdaq Capital Market on September 16, 2022.
- Maxim Group LLC acted as sole book-running manager; offering made under effective registration statement on Form S-1.

## SEC filing metadata
- accession: 0001829126-22-016930
- form_type: 8-K
- ticker: NXL
- cik: 0001527352
- company_name: Nexalin Technology, Inc.
- filed_at: 2022-09-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527352/000182912622016930/0001829126-22-016930-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527352/000182912622016930/nexalintech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-22-016930
- JSON: https://secwatch.observer/filing/0001829126-22-016930.json
- Plain text: https://secwatch.observer/filing/0001829126-22-016930.txt

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