---
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"
generated_at: "2026-05-23T11:49:39.300281+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Nexalin replaces Marcum with CBIZ as auditor; prior reports flagged going concern, material weaknesses

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 4.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-002760
- JSON: https://secwatch.observer/filing/0001829126-25-002760.json
- Plain text: https://secwatch.observer/filing/0001829126-25-002760.txt

## Key facts
- Auditor Changes
  Marcum LLP resigned as auditor of Nexalin Technology, Inc..
  - Action: resignation
  - Auditor: Marcum LLP
  - Successor: CBIZ CPAs P.C.
  source text: On April 16, 2025, Marcum informed Nexalin Technology, Inc. (the “Company”) that Marcum resigned as the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527352/000182912625002760/0001829126-25-002760-index.htm
- Auditor Changes
  Nexalin Technology, Inc. engaged CBIZ CPAs P.C. as its auditor.
  - Action: engagement
  - Auditor: CBIZ CPAs P.C.
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1527352/000182912625002760/0001829126-25-002760-index.htm

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