---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-004580"
form_type: "8-K"
ticker: "NXL"
cik: "0001527352"
company_name: "Nexalin Technology, Inc."
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:28:30.018131+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nexalin closes $5.25M public offering of 3M shares at $1.75 per share

## Summary
- Closed public offering of 3,000,000 common shares at $1.75/share; gross proceeds approximately $5,250,000.
- Maxim Group LLC acted as sole placement agent; paid 8% fee ($420,000) plus $110,000 expense reimbursement.
- Proceeds to be used for general corporate purposes including working capital, operating expenses, and capital expenditures.
- Offering conducted under effective SEC Form S-1 registration statement (File No. 333-279684) declared effective June 27, 2024.

## SEC filing metadata
- accession: 0001829126-24-004580
- form_type: 8-K
- ticker: NXL
- cik: 0001527352
- company_name: Nexalin Technology, Inc.
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527352/000182912624004580/0001829126-24-004580-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527352/000182912624004580/nexalintec_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-004580
- JSON: https://secwatch.observer/filing/0001829126-24-004580.json
- Plain text: https://secwatch.observer/filing/0001829126-24-004580.txt

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