{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-002760","form_type":"8-K","ticker":"NXL","cik":"0001527352","company_name":"Nexalin Technology, Inc.","filed_at":"2025-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.611183+00:00","generated_at":"2026-05-23T11:49:39.300281+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Nexalin replaces Marcum with CBIZ as auditor; prior reports flagged going concern, material weaknesses","bullets":["Marcum resigned April 16, 2025; company engaged CBIZ CPAs P.C., which acquired Marcum's attest business.","No disagreements with Marcum on accounting principles or audit scope over the past two fiscal years.","Prior audit reports for FY2024 and FY2023 included explanatory paragraph about substantial doubt on going concern.","Material weaknesses persisted: inadequate segregation of duties and IT user/superuser access controls.","Marcum provided a letter concurring with disclosures, attached as Exhibit 16.1."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-002760","json":"https://secwatch.observer/filing/0001829126-25-002760.json","markdown":"https://secwatch.observer/filing/0001829126-25-002760.md","text":"https://secwatch.observer/filing/0001829126-25-002760.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527352/000182912625002760/0001829126-25-002760-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527352/000182912625002760/nexalintec_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T11:49:39.300281+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b349b25c2dc50cb8966d3959a591cf7d6cd4caf","claim":"Marcum LLP resigned as auditor of Nexalin Technology, Inc..","evidence_excerpt":"On April 16, 2025, Marcum informed Nexalin Technology, Inc. (the “Company”) that Marcum resigned as the Company’s independent registered public accounting firm.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527352/000182912625002760/0001829126-25-002760-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"resignation"},{"label":"Auditor","value":"Marcum LLP"},{"label":"Successor","value":"CBIZ CPAs P.C."}],"fact_type":"auditor_change"},{"claim_id":"99f9d8dc85b459500343e576c0ff426699bae81a","claim":"Nexalin Technology, Inc. engaged CBIZ CPAs P.C. as its auditor.","evidence_excerpt":"Also on April 16, 2025, the Company, with the approval of the Audit Committee of the Company’s Board of Directors, engaged CBIZ CPAs P.C. as the Company’s independent registered public accounting firm.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527352/000182912625002760/0001829126-25-002760-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"CBIZ CPAs P.C."}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}