---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-004837"
form_type: "8-K"
ticker: "NXL"
cik: "0001527352"
company_name: "Nexalin Technology, Inc."
filed_at: "2024-07-16T23:59:59+00:00"
generated_at: "2026-05-31T20:29:27.914682+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nexalin raises $5.25M in public offering to regain Nasdaq equity compliance

## Summary
- Received Nasdaq notice on May 16, 2024 for stockholders' equity of $2.327M, below $2.5M minimum.
- Submitted compliance plan to Nasdaq on July 1, 2024.
- Consummated public offering of 3 million shares for gross proceeds of ~$5.25M.
- Company believes it has regained compliance with Nasdaq equity listing rule.
- Nasdaq will continue to monitor compliance at next periodic report.

## SEC filing metadata
- accession: 0001829126-24-004837
- form_type: 8-K
- ticker: NXL
- cik: 0001527352
- company_name: Nexalin Technology, Inc.
- filed_at: 2024-07-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527352/000182912624004837/0001829126-24-004837-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527352/000182912624004837/nexalintec_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-004837
- JSON: https://secwatch.observer/filing/0001829126-24-004837.json
- Plain text: https://secwatch.observer/filing/0001829126-24-004837.txt

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