---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-001749"
form_type: "8-K"
ticker: "NXL"
cik: "0001527352"
company_name: "Nexalin Technology, Inc."
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T11:31:58.287972+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nexalin shareholders approve reverse stock split amendment with board discretion on ratio

## Summary
- Special meeting held March 7, 2024; 4,587,248 shares present (61.7% of outstanding).
- Proposal 1 (reverse split amendment): 4,304,448 for, 259,736 against, 23,064 abstained — approved.
- Board retains authority to determine if and when to file the amendment and the split ratio.
- Proposal 2 (adjournment): 4,442,221 for, 112,047 against, 32,980 abstained — approved.
- No specific split ratio disclosed; potential to regain compliance with Nasdaq listing standards.

## SEC filing metadata
- accession: 0001829126-24-001749
- form_type: 8-K
- ticker: NXL
- cik: 0001527352
- company_name: Nexalin Technology, Inc.
- filed_at: 2024-03-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527352/000182912624001749/0001829126-24-001749-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527352/000182912624001749/nexalintech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-001749
- JSON: https://secwatch.observer/filing/0001829126-24-001749.json
- Plain text: https://secwatch.observer/filing/0001829126-24-001749.txt

## Key facts
- Shareholder Votes
  Nexalin Technology, Inc. shareholders approved Approval of an amendment to the Company’s Certificate of Incorporation, as amended to date (the “Reverse Stock Split Amendment”), to effect a reverse stock split of the Company’s common stock and give the Company’s Board of Directors the authority to determine whether filing such Reverse Stock Split at the 2024-03-07 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2024-03-07
  source text: Proposal One: Approval of an amendment to the Company’s Certificate of Incorporation, as amended to date (the “ Reverse Stock Split Amendment ”), to effect a reverse stock split of the Company’s common stock and give the Company’s Board of Directors the authority to determine whether filing such Reverse Stock Split Amendment is necessary and, if so, the ratio of such split: For Against Abstained 4,304,448 259,736 23,064
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527352/000182912624001749/0001829126-24-001749-index.htm

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