leadership
confidence high
sentiment neutral
materiality 0.60
Nexalin appoints Justin Van Fleet as CFO effective August 1, 2025
Nexalin Technology, Inc.
- Justin Van Fleet, former partner at Marcum LLP, named CFO; base salary $250,000.
- One-year term starting August 1, 2025; receives 25,000 shares and options for 130,435 shares.
- Options valued at $150,000 based on closing price; 50% vest at 6 months, remainder at 1 year.
- Eligible for two discretionary retention bonuses of $20,000 each tied to employment through end of 2025 and term end.
- Granted under Nexalin's 2023 Equity Incentive Plan; shares and options unregistered.
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