secwatch.observer — SEC 8-K summary
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Issuer:     Nexalin Technology, Inc. (NXL)
CIK:        0001527352
Form:       8-K
Filed at:   2025-06-09T23:59:59+00:00
Accession:  0001829126-25-004343
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nexalin closes partial over-allotment exercise, raising $312K at $1.30/share
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- On June 5, 2025, Maxim Group partially exercised its over-allotment option for 240,000 shares.
- Shares sold at $1.30 each; aggregate gross proceeds of $312,000 before underwriting discounts.
- Closing occurred on June 6, 2025; total shares sold in offering now 4,090,000.
- Over-allotment was part of a May 2025 firm commitment public offering initially covering 3,850,000 shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527352/000182912625004343/0001829126-25-004343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527352/000182912625004343/nexalintec_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-004343

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